Northeast

Elected officials from New York called on the Federal Transit Administration to fund the $6 billion second phase of the Second Avenue subway.

Philadelphia's chief fiscal watchdog is pitching a proposal to union leaders aimed at trimming the city's massive pension shortfall.

New Jersey Gov. Chris Christie signed legislation requiring the Garden State to begin quarterly pension payments, in an effort to lift the underfunded system.

Risks to New York's budget could trigger outyear gaps exceeding $3 billion in fiscal 2018 through 2020, said city Comptroller Scott Stringer.

Connecticut's pension commission OK'd a deal between Gov. Dannel Malloy and a bargaining coalition that lowered the state pension system's assumed rate of return from 8% to 6.9%.

NYC Pension Funds See Positive Q3 Results

Maryland Gov. Larry Hogan wants lawmakers to repeal a new law requiring statewide ranking of road projects.

The New York City Council’s Finance Committee held a public hearing Wednesday at City Hall to hear comments on a proposal to expand the DUMBO Business Improvement District. The legislation would expand the current boundaries of the DUMBO BID (Down Under the Manhattan Bridge Overpass) and increase its annual expenditures.

Fiscal management will be critical for New York City amid uncertainty in Washington, Mayor Bill de Blasio's budget chief, Dean Fuleihan, told City Council members.

There is only a “relatively mild” chance that the massive problems of Atlantic City will contaminate Atlantic County, according to Moody’s Investors Service.