Treasury Department

The plan would expand flexibility and broaden the uses of tax-exempt private activity bonds.

Treasury Department sales of state and local government series securities are expected to dramatically decline this month now that issuers no longer need them for tax-exempt advance refunding escrows.

Newly issued Treasury securities held in stripped form increased about $1.518 billion in December to a total of $262.102 billion, the Bureau of the Public Debt reported Friday.

Muni issuers rushing to get advance refundings done in December before Congress passes a tax bill that terminates them may face a halt in sales of state and local government securities because of the debt limit.

The 2017-2018 plan contains one new item — private activity bond guidance.

The federal government ran an $8.0 billion surplus in September, the Treasury Department reported Friday.

Treasury, IRS concerns remain that some political subdivisions are controlled by developers.

Bond attorneys expressed dismay the public notice requirement would remain 14 days.

The federal government ran a $107.7 billion deficit in August, the Treasury Department reported Thursday.

Treasury acted quickly to open its SLGS window after the debt limit was suspended through Dec. 8.