Infrastructure

Moody's Investors Service has downgraded the rating on the Port of Seattle's intermediate and subordinate revenue bonds ahead of its $140 million refunding deal.

An Indiana legislative panel Thursday approved a transit proposal for central Indiana that would rely on new local taxes for financing.

Without a labor contract extension, Boeing could pursue out-of-state production locations, which would be a credit negative for Washington State and the Puget Sound region, Moody's Investors Service said.

Pennsylvania Gov. Tom Corbett still has unfinished financial business, but was able to bask in a rare win - passage of a $2.4 billion transportation bill.

A coalition of local leaders is asking Congress to generate an additional $30 billion a year for transportation efforts by almost doubling the federal gasoline tax.

Pennsylvania's House of Representatives was scheduled to debate a $2.4 billion transportation bill that Senate counterparts approved a day earlier.

Moody's Investors Service downgraded Tulsa International Airport's revenue bonds to Baa1 from A3, citing five straight years of declining enplanements.

House and Senate conferees predicted Wednesday that Congress will approve an $8 billion federal water infrastructure bill by year's end.

A high-speed rail line along Colorado's Front Range could carry 13 million passengers a year and would likely cost $9.8 billion, according to a state estimate.

Counties are facing a "triple threat" of tax reform, entitlement reform and sequestration, National Association of Counties Executive Director Matthew Chase said at a briefing on Capitol Hill Tuesday.