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Lawmakers approved a 2021 fiscal plan with mechanisms for spending reductions throughout the year because of economic headwinds caused by the COVID-19 pandemic.3m ago
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GASB will release on April 16 a list of delays to various initiatives because of the coronavirus pandemic.1h ago
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BDA wants the he Fed to consider a standby, short-term lending facility for states and localities experiencing cash flow timing shortfalls.2h ago
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The Garden State is extending its 2020 fiscal year calendar by three months in an effort to fully gauge economic fallout from the ongoing COVID-19 pandemic.5h ago
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The bond-financed $420 million expansion project moved forward over the objections of board members who questioned the timing amid plummeting tax revenues.5h ago
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The rating agency echoed others in citing the New York transportation system's hard fall since the coronavirus outbreak.6h ago
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Federal Reserve Bank of Cleveland President Loretta Mester said U.S. unemployment could rise as high as 15% as the U.S. forcibly shuts down important parts of its economy to help contain the coronavirus pandemic.8h ago
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Stepan Haytayan was named senior counsel and Mauricio Salazar has joined as an associate.April 2
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Milwaukee's experience in market Thursday speaks to the struggles of primary market borrowers navigating COVID-19-driven turmoil.April 2
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Forced selling continues and credit spreads are widening as much as 200 basis points in spots making for a large bid-ask disconnect in the market.April 2
