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The U.S. infrastructure system looks remarkably backwards to many international eyes, and threatens the economy in the long run, experts said on Wednesday.

The bonds are the latest of a series to restructure debt by the utility and its partner Bonneville Power Administration.

Local, county and state officials said they took initial steps Wednesday in what will become a much larger contingent of elected officials who will jawbone their federal counterparts with testimonials about the cost savings attributable to advance refundings.

Racine County's short-term rating from Moody's dropped to MIG2 at it returns to the market for another note deal.

The situation could deteriorate because of an aging workforce and modest population growth, according to Moody's.

Water agencies formed a joint powers authority to oversee construction on the $16.3 billion WaterFix project.

The plan could hinder city operations and provide Washington further motivation to cut funding, Vito Mustaciuolo told City Council members.

Gov. John Bel Edwards has called lawmakers to the capitol on May 22 to deal with the budget deficit.

The municipal bond market welcomed Pennsylvania’s big competitive sale and the Grand Parkway negotiated deal from Texas on Wednesday.

Strategies range from flexible pricing structures with taxable and tax-exempt bonds to public-private partnerships.