Southwest

Texas lawmakers need to face four areas where long term liabilities are growing, including the funding level of its public pensions, said state Comptroller Glenn Hegar.

Moody’s Investors Service retained a negative outlook on Catholic Health Initiatives $5.7 billion of rated debt after lowering the healthcare giant to Baa1 from A3. The downgrade comes less than a month after a similar move by S&P Global Ratings.

A bill requiring a vote on $1 billion of pension bonds is a “poison pill” that could derail Houston’s efforts to restructure its debt to city employees, Mayor Sylvester Turner said.

Arkansas House defeats plan to raise taxes by $200 million per year to support road bonds.

A potential budget wall between TxDOT and a proposed bullet train could halt the $12 billion project.

Beset by a slumbering energy economy, Oklahoma City is counting on its top bond ratings to attract investors to $90 million of general obligation paper it is selling competitively.

The cost of health care in Texas is rising faster than both the general inflation rate and the growth of the state's population, but state leaders have provided little guidance on how to address major changes that may be coming this year.

Private investment plan revives long-stalled Oklahoma highway project to complete a road loop around Tulsa.

Texas Lawmakers would reduce voter-approved funding for the Texas Department of Transportation by $2.3 billion under a proposed resolution by the state House’s chief budget writer.

With doubts over the future of tolling in El Paso, the Texas city's designated toll authority will issue $35 million of revenue bonds backed by vehicle registration fees this month.