News and Information from Bond Buyer

New York State's free college tuition proposal raises enrollment uncertainty, according to Fitch Ratings.

The municipal market absorbed a barrage of issuance on Wednesday, as the Port Authority of New York and New Jersey and the Los Angeles Department of Water and Power came with large deals.

Illinois public university presidents sounded alarms about the historic state budget impasse.

New York's mayor says the fiscal climate is "plagued with uncertainty."

Florida Gov. Rick Scott asked Ben Watkins to help convince the Legislature that tourism funding supports state and local ratings.

The tax plan, which would dramatically reduce tax rates and simplify the tax system, would be paid for partly with the elimination of deductions and loopholes for the wealthy, raising fears over the tax-exemption.

The Federal Open Market Committee meets May 2-3. Here's what you need to know about voters' recent statements.

New York tax collections were down $300.1 million for fiscal 2017.

President Trump’s overhaul of the tax code will provide no new federal funding for infrastructure.

The Treasury Department auctioned $34 billion of five-year notes, with a 1 7/8% coupon, a 1.875% high yield, a price of 99.999953.

Municipal bonds continued to show weakness on Wednesday as big bond offerings from the Port Authority of New York and New Jersey and the Los Angeles Department of Water and Power hit the market.

Madison County, Mississippi told appeals court judges Assured Guaranty is wrongly interpreting a debt service contribution agreement.

The Treasury Department Wednesday auctioned $15 billion of two-year floating rate notes with a high discount margin of 0.070%, at a 0.070% spread, a price of 99.999994.

Puerto Rico’s Oversight Board plans to discuss the 10 year fiscal plans of several Puerto Rico authorities at a public meeting on Friday.

A judge in San Francisco issued a nationwide injunction against Trump's sanctuary cities order.

Big bond offerings from the Port Authority of New York and New Jersey and the Los Angeles Department of Water and Power are on tap for Wednesday as the market keeps watch on rising yields.

Puerto Rico’s main opposition party voted to boycott a status plebiscite planned for June 11.

Philadelphia’s yearly real estate tax revenues are up $92 million from four years ago, according to City Controller Alan Butkovitz.

The Illinois Tollway's board of directors will consider adding $1.3 billion to its bond issuance plans.

A California healthcare issuer came to market with a multi-billion dollar offering Tuesday as municipal bonds weakened in secondary trading.