Infrastructure

President Obama is threatening to veto legislation approved by the House that would effectively block the District of Columbia from achieving budget autonomy and home rule.

The California Public Employees' Retirement System's purchase of an equity stake in the Indiana Toll Road earlier this month is part of a growing trend of public pension funds investing more directly in large infrastructure assets.

Oregon panel says state needs an additional $964 million per year to maintain and protect its existing transportation infrastructure.

Airport groups, public power systems and a muni advocate group have joined the growing chorus of muni market participants calling for the Internal Revenue Service to withdraw its proposed rules on political subdivisions.

A state review panel’s approval of a five-year, $27 billion capital program was greeted enthusiastically by the board of the New York Metropolitan Transportation Authority t.

Tax-exempt bonds give municipal issuers a unique advantage in negotiating public-private partnerships, a factor that some municipal market and legal advocates say should not be overshadowed.

The Metropolitan Transportation Authority's $27 billion capital program for 2015 to 2019 has received final approval from the New York State Capital Program Review Board.

House Appropriations Committee adopted a proposal to increase highway and transit funding by $1.25 billion in 2017.

The New York State Thruway Authority should develop a better financial plan for replacing the 61-year old Tappan Zee Bridge, according to the State Comptroller’s Office.

Arkansas lawmakers ended a special session Monday with approval of a bill to raise $50 million for highways, allowing the state to receive $200 million in federal funds.