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As officials sift through Andrew Cuomo's plan to curb Medicaid costs, City Hall insists that the governor's spending-control emphasis is a de facto slash.

The high-demand market environment boosted Philadelphia’s first general obligation bond deal of 2020.

If Judy Shelton, who advocates for lower rates, wins confirmation to the Federal Reserve Board of Governors, President Trump may have his choice to replace Chairman Jerome Powell.

Gov. Henry McMaster wants to sell the state-owned utility after its nuclear project debacle; a report to lawmakers on bids for Santee Cooper has been delayed.

Whether new dedicated revenue for the MTA or its higher total debt holds more sway in the capital markets remains an open question.

Report for January 22, 2020

New York's governor wants to tackle the state’s budget gap through controlled spending rather than major revenue increases.

After returning north of 7% in 2019, the municipal bond asset class continues to see strong returns so far in 2020.

Gov. Tim Walz's plan relies on $2 billion of new general obligation borrowing.

The San Diego City Council approved a resolution asking staff to craft language for a $900 million affordable housing bond.

At Jefferson High School, the community wants more seats in its historic auditorium. Students and parents at Southeast Portland's Cleveland High want to build classrooms, and possibly a performing arts center, on top of the parking lot behind the Burgerville on Powell Boulevard.

County and school leaders need to decide by this summer, at the very latest, if they will seek voters' permission this year to issue bonds to pay for school construction.

Its top goal is to increase to $30 million the size of bank-qualified tax-exempt bond issues that can be sold to banks under favorable terms.

Three of the biggest New York City pension funds have selected advisors to help divest from fossil fuels.

The top municipal bond counsel saw $265.58 billion of business in the first three quarters of 2019, up from $237.49 billion a year earlier. Orrick Herrington & Sutcliffe LLP once again found itself on top with Hawkins Delafield and Wood gaining some ground.

The two active municipal bond insurers insured $5 billion more in 2019 than they did in 2018 thanks to a surge of issuance in the fourth quarter. Assured Guaranty and Build America Mutual combined for $23.92 billion of insured volume spanning 1,724 transactions and 5.67% penetration rate in 2019. That is up from $18.92 billion in 1,249 deals and 5.58% insured rate in 2018.

While the general feeling is the Federal Reserve will keep rates steady this year, not everyone is on board with that view.

Ohio's Hamilton Community Authority issues bonds Thursday to help finance the redevelopment of a vacant paper mill.

The municipal bond market will see a several large hospital corporate CUSIP taxable deals priced this week. Partners HealthCare Mass General, Cottage Health and Hartford HealthCare top a $7 billion calendar. Just what the doctor ordered for supply-starved buyers.

New York City Council member Daniel Dromm and Citizens Budget Commission president Andrew Rein explore the effects of looming state Medicaid cuts on the city's $95.3 billion preliminary budget. Paul Burton hosts from City Hall.