Biden Administration

States, on the front lines of implementing the new $1.1 trillion infrastructure program, want clear, flexible federal rules and the ability to tap private investment.

Rising rates and rising inflation are key concerns for municipal bond buyers.

The House is expected to introduce another temporary government funding bill this week before turning to the debt ceiling issue.

If enacted, Build Back Better would promote economic growth and likely have a limited impact on inflation, ratings agencies say.

The new tax-exempt private activity bond categories for broadband and carbon capture projects are designed to avoid straining state volume cap.

COVID-19 stimulus and related infrastructure spending are causing state expenditures to reach a 35-year high, according to NASBO’s 2019-2021 State Expenditure Report.

President Joe Biden's $1.7 trillion bill passed the House after months of debate and without any of the municipal bond market's priorities.

Climate change can magnify existing state and local credit issues.

The U.S. DOT wants to make applying for grants in the $1.1 trillion infrastructure bill as easy as possible. More than 40 new programs will be created under the new law.

Treasury may have some leeway when interpreting the new tax and buysiders say it's unlikely to hurt demand even if it becomes law.

President Joe Biden Monday signed into law a $1.1 trillion infrastructure bill.

Local governments are still processing funds from the CARES and ARPA bills.

The Build Back Better reconciliation bill would raise the SALT cap to $80,000 from $10,000, and that impact varies widely from state to state.

By lowering the amount of private activity bonds needed to finance low-income housing, the provision would free up PABs volume for other projects.

President Biden had pledged to end the law that excludes residents of Puerto Rico from the federal supplemental security income program.

Assets ranging from airports, utilities and toll roads may come into play under P3 provisions in the infrastructure bill, which could attract public pension infrastructure investment.

The bipartisan infrastructure bill passed over the weekend, offering munis an indirect win by providing an influx of funds to state and local authorities.

Two major pieces of President Joe Biden's domestic agenda, which carry implications for the municipal bond market, advanced in the House Friday.

The municipal bond market is closely watching proposals from the House and the Senate to overhaul the SALT federal deduction cap.

Key institutional players like banks and insurance companies may have less incentive to buy tax-exempt munis if the provision becomes law.