Infrastructure

The risk of a Long Island Rail Road strike hovers over officials at New York's MTA, even as board members approved a five-year deal with its subway workers.

Federal, state and local elected officials joined LA Metro in announcing the receipt of a $1.25 billion full funding grant agreement from the Federal Transit Administration for its Purple Line subway extension.

The House passed a $12.3 billion water infrastructure bill Tuesday that funds 34 port, inland waterway, and dam projects.

Airport infrastructure public-private partnerships are often stymied by a web of competing local interests, aviation advocates told a House P3 panel.

Moody's Investors Service Tuesday downgraded $975 million in outstanding Clark County, Nevada Airport Enterprise senior lien bonds to Aa3. The bonds are for Las Vegas' McCarran International Airport.

Moody's said $2 billion in federal loans for a commuter train service extension into Virginia's Fairfax and Loudoun counties is a credit positive.

Georgia plans to issue $152.7 million in bonds for various transportation projects, including the reconstruction of an interchange at Interstate 285 and Georgia 400.

President Obama used his weekly address to criticize House Republicans for chopping the TIGER grant program to $100 million in 2015.

Oklahoma is selling a rail line that may bring passenger service to the state's two largest cities and tank cars to the "Pipeline Crossroads of the World."

Kent Hiteshew, the director of the Treasury Department's new office of state and local finance, described the office's initial areas of focus and asked municipal government finance officials to provide input about how the office could be helpful.