Far West

The Senate on Tuesday voted against limiting debate on dozens of amendments lawmakers want to add to a bipartisan transportation bill, setting up more negotiations as Congress moves closer to having to resort to yet another temporary extension to the current law before it expires at the end of this month.

The National Federation of Municipal Analysts plans to release a paper outlining possible negative consequences to a California law dissolving some 400 of the state's redevelopment agencies.

SAN FRANCISCO — Stockton is not alone. The ski town of Mammoth Lakes is also using a new California state mediation law to try to avert Chapter 9 bankruptcy.

LOS ANGELES — Los Angeles Controller Wendy Greuel has released an economic forecast projecting a $200 million deficit next year and recommending that the city focus on structural budgetary changes instead of relying on one-time revenues and expenditure deferrals.

SAN FRANCISCO — Standard & Poor's downgraded Stockton, Calif., for the third time in less than two weeks, to "selective default" from CC.

The Municipal Securities Rulemaking Board has asked the Securities and Exchange Commission to approve a new rule that would govern the activities of broker's brokers, which typically provide secondary market liquidity for retail investors in the municipal securities market.

A Superior Court judge on Wednesday denied a request for an injunction from a San Diego hotel workers union seeking to block a vote on a special tax to fund the San Diego Convention Center expansion.

Though plentiful doubts remain about California's ability to balance its budget, those concerns were no deterrent to bond investors recently.

Seattle’s Highway 99 tunnel project is now expected to only get half of the expected $400 million to pay for construction costs from tolls, according to the Seattle Times.

The Idaho House Revenue and Taxation Committee on Tuesday approved HB 563, a measure that permanently cuts individual and corporate income taxes for top earners.