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Skeptics question whether the MTA can deliver on time and on budget after it fumbled other big projects.

The changing federal landscape will trigger tax and revenue revisions and New York's growth may be insufficient to weather downturns, two reports said.

The rating agency will continue to monitor financial developments in Connecticut's capital city.

The authority, which runs New York City's subways and buses, faces uncertainty about external funding and its bonding options.

A gradual path of rate increases is likely to remain warranted, Federal Reserve Board Chair Janet Yellen reiterated Wednesday, noting that she is “personally concerned” about U.S. debt level.

The Federal Open Market Committee raised the federal funds target rate 25 basis points to a range of 1.25% to 1.50%, the Fed announced Wednesday.

Variables range from the effect of the federal tax bill on advance bond refundings to external support for a subway improvement plan.

Alternative strategies include general obligation borrowing to offset limited bonding capacity in the special transportation fund.

Only weeks after Gov. Dannel Malloy signed a fiscal 2018 budget, the state has a new round of fiscal crises.

Regional Plan Association's far-reaching ideas for New York-area transit overhaul struck some nerves, and president Tom Wright welcomes the debate.