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Senior White House economic advisors have told state and local officials that tax-exempt bond interest is "off the table" and will not be part of the administration's proposed 28% cap on the value of exclusions, deductions and other tax preferences for wealthy taxpayers, according to those familiar with the discussions.
January 27 -
LOS ANGELES — The Los Angeles County Metropolitan Transportation Authority doesn't plan to issue bonds this year because it is securing a $546 million federal loan to help fund the $1.74 billion Crenshaw Line light-rail project.
January 27 - Washington
WASHINGTON — Though the national infrastructure bank proposed in President Obama's American Jobs Act met with a frosty reception from Republican lawmakers, there is some support among transportation industry lobbyists and academics for various bank bills pending before both chambers of Congress.
January 27 -
The tug of war between Los Angeles World Airports and Ontario city officials over control of LA/Ontario International Airport has picked up steam over the past few weeks, but the issue appears unlikely to be resolved any time soon.
January 26 -
A day after Transportation Secretary Ray LaHood stunned the transportation community by saying it is "highly unlikely" Congress will pass a long-term reauthorization bill to fund highway and transit programs this year, lawmakers and industry lobbyists vowed to keep pushing for such legislation despite considerable obstacles.
January 26 - Washington
Washington lawmakers are weighing a public works spending plan of more than $1 billion that would be funded by revenue bonds backed by hazardous material taxes.
January 26 -
San Francisco-based Catholic Healthcare West has changed its name to Dignity Health to appeal to a broader patient audience.
January 26 - California
An audit by Los Angeles Controller Wendy Greuel released Tuesday found that the city failed to pursue all eligible funding opportunities under the American Recovery Reinvestment Act.
January 26 - California
In a cart-before-the-horse move, Los Angeles County Board of Supervisors approved a plan to apply for $100 million in state funding to pay for a jail construction plan that has yet to be approved, according to published reports.
January 26 -
California legislative leaders are suing the state’s controller over the authority to suspend lawmakers’ pay for late budgets.
January 26



