Infrastructure

The rating agency also affirmed the ratings on 18 large airports and major airline hub facilities across the United States.

Michigan is bringing $855 million of state trunk line fund bonds to market Tuesday for road and bridge projects.

That expansion wholly depends on Washington actually bringing back the taxable product and making it permanent, a diminishing scenario in 2021.

The money is coming in through the federal American Rescue Plan and the Coronavirus State Fiscal Recovery Fund.

Federal Aviation Administration approval of the $2.1 billion transit connector revived heated debate over an undertaking that Gov. Andrew Cuomo has championed.

While the bipartisan deal includes some helpful provisions, it does not contain any of the top priorities of municipal bond market advocates.

The acting New York City Transit president was in line for a board chairmanship had state lawmakers approved Gov. Andrew Cuomo's measure to split the authority's top positions.

Municipal issuers are missing the low-borrowing-cost opportunity to finance repairs and modernize infrastructure, says Merritt Research Services.

A bipartisan group of senators negotiating a broad infrastructure deal has reached accord on a plan, the top Republican negotiator said, and debate could begin in the full chamber as early as Wednesday night.

A Moody's report highlights stark contrast in recovery between tourist hotspots such as Florida and metro areas like New York City and the San Francisco.