Far West

President Obama stepped up pressure on Congress Tuesday to avoid the "meat-cleaver approach" of automatic, across-the-board federal budget cuts that are set to go into effect on March 1.

The San Diego County Water Authority on Wednesday achieved $51 million in net-present value savings through 2034 when it priced a $299 million refunding.

The IRS is auditing two separate issuers to address the accuracy of form 8038-T, a project the agency has taken up as one of their fiscal 2013 goals. Form 8038-T is filed by issuers when making an arbitrage payment.

Sales of municipal bonds in the Far West region grew by almost a quarter in 2012 compared to a year ago, spurred by record low interest rates that led to an increase in refinancing.

Several major airport credits could be negatively affected by operational shifts in the wake of the US Airways/American Airlines Merger, officially announced Thursday.

The state Senate passed a bill Monday that would authorize $475 million of general obligation bonds for school construction.

Seattle voters passed two school levies worth $1.2 billion during a special election Tuesday.

Montana Board of Investment scores AA rating from Fitch Ratings ahead of plans to price $12 million in bonds on Feb. 22.

Honolulu Mayor Kirk Caldwell reaffirms commitment to alternative transit options following the release of a study placing Oahu's rush hour traffic second in the nation behind Los Angeles.

Los Angeles Department of Water and Power received an Aa3 rating from Moody's Investors Service and a stable outlook ahead of a $520.9 million refunding on Friday.