Infrastructure

The ratio of local government municipal debt to GDP in aggregate has fallen to around 10% from 20% in 2010.

"We, the city of Philadelphia proper, we can't do it alone," Parker said in a keynote address at The Bond Buyer Infrastructure conference Tuesday. "We are grateful to our state and our federal partners, as well as the bond market."

Eric Goldwyn of the Marron Institute's Transit Costs Project joins The Bond Buyer's Caitlin Devitt to talk about his latest report that offers five recommendations to speed up the delivery of high-speed trains in the U.S.

North Carolina is the latest state to eye using a P3 to build tolled express lanes amid insufficient state funding.

Current FHWA deputy administrator Kristin White will serve as acting administrator until a successor is named.

Moodys says it is placing additional weight on the states' Aaa ratings in determining the Garvee ratings.

The New York region's beleaguered transportation agency could need up to $92 billion for its next capital plan, said State Comptroller Thomas DiNapoli. 

Full Moon Capital will focus on mid- and smaller-sized specialty credits that are looking to grow.

It's the latest proposal for a type of national infrastructure financing structure in lieu of the municipal bond market.

Iowa has the largest number of poor bridges, followed by Pennsylvania and Illinois.