Infrastructure

A former Cook County, Ill. board member is replacing leader of tollway agency whose headed to the Illinois Sports Facilities Authority

Pittsburgh, whose bonds were junk in 2003, has become a national model for urban rejuvenation.

Transportation Secretary Elaine Chao said career employees within her department calculated only a 5% local funding commitment because the two states are relying on federal loan guarantees.

Diminished Washington aid and a pending downturn require prudence, the city's comptroller said.

“We’re getting our ass kicked," the Gov. Dannel Malloy said, pitching a widening of the state's most congested highway.

Chicago is seeking $4 billion in initial borrowing authority to launch its overhaul of the airport's terminals.

Rep. Bill Shuster says a federal gas tax hike is the only way to pay for an infrastructure bill and that Congress could vote on legislation after the November elections.

"We have to find new solutions," said Partnership for New York president Kathryn Wylde.

Issuers across the Southeast sold $68.5 billion of bonds in 2017, a 5.8% year-over-year decrease.

The on-time and on-budget Tappan Zee Bridge replacment helped the authority land a positive rating outlook.