Scott Sowers is a reporter based in the Washington, D.C., Bureau where he covers ESG issues, cyber-crime, lobbying, and taxation. Prior to joining The Bond Buyer he freelanced for The Washington Post, The New York Times and The Atlantic writing about real estate. Other areas of expertise include architecture, design, energy, housing policy, automotive, and the utilities.
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Washington, D.C. Mayor Muriel Bowser is delaying submitting her 2026 budget while unresolved budget cuts passed by the House in the continuing resolution and then amended by the Senate to repair the damage remain in limbo.
March 28 -
As muni advocates fight for the preservation of tax exemption, foreign investors are using the ASCE Infrastructure Report Card as evidence that increased privatization of assets is needed to improve the grades.
March 27 -
The effects of infrastructure spending and the need for more are coming into focus as the municipal bond community is dealing with a Congressional threat to eliminate the tax-exempt status of munis.
March 26 -
The American Society of Civil Engineers released its infrastructure report card, which shows that billions spent on infrastructure is having overall positive effects on the condition of the nation's bridges, highways, and ports.
March 25 -
As lobbying efforts happen behind the scenes in the House, the ongoing battle over the Washington, D.C., budget is attracting attention from the market and the credit rating agencies who are hedging their bets on a successful outcome.
March 20 -
The U.S. Department of Transportation is pressing public transit agencies to beef up their commuter safety protocols or lose federal funding while the recently passed continuing resolution raises appropriation levels for the sector by less than a half percent.
March 19 -
A $1.1 billion dollar cut to the Washington, D.C., budget by way of Congressional action is on hold thanks to intensive lobbying and an intervention by the Senate as the city vows to meet its financial obligations.
March 18 -
The Department of Transportation is signaling moves away from Biden-era infrastructure spending tied to environmental concerns and heading back to more formula funding, which is welcome news for transportation heads.
March 14 -
The new continuing resolution passed in the House omits key language that allows Washington to implement its approved budget, which is threatening to cancel planned capital projects.
March 12 -
Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by exploring alternatives and providing numbers showing how short term gains will become long term losses.
March 11
