Economy

Lawmakers added more money and projects to Idaho's Garvee program in 2017 partly to counter congestion from the state's massive population growth.

S&P cut Energy Harbor Corp.'s issuer credit rating to junk due to the subsidy repeal, but affirmed $400 million of bonds at the low investment grade level of BBB-minus.

Still, Moody's on Tuesday revised its outlook on the New York MTA's primary transportation revenue bond credit to stable from negative while affirming its A3 rating.

Lawmakers packaged revenue, social justice and market positioning while flexing political muscle when they voted to legalize marijuana.

A Biden executive order may lead to the expansion of a central Puerto Rico industry — pharmaceuticals.

MTA and regional transportation advocates welcome the news that the Federal Highway Administration is advancing the project.

Gov. Ralph Northam and U.S. Secretary of Transportation Pete Buttigieg announced the agreements with Amtrak, CSX and Virginia Railway Express.

Officials cited borrowing flexibility before a joint meeting of the transit authority's oversight board and the Massachusetts Department of Transportation.

Sam Turvey of ReThinkNYC explores ways to make New York's Pennsylvania Station complex more functional and aesthetic. Paul Burton hosts (17 minutes).

With some light at the end of the pandemic tunnel, the University of Arkansas for Medical Sciences fund growth with $139 million of revenue bonds.

Gov. Tom Wolf said the tax has become unreliable for funding the commonwealth's vast network.

The nonprofit hospital sector gets a fiscal shot in the arm from federal actions but margins are likely to remain depressed this year.

Veneta Dimitrova, senior U.S. economist at Ned Davis Research, says the COVID pandemic showed us the government has more fiscal space than thought. She also discusses inflation, housing, the manufacturing sector, global supply chain challenges and the Fed’s balance sheet. Hosted by Gary Siegel. Taped Feb. 24. (32 minutes)

The federal Tennessee Valley Authority has been pushed to offer better terms to local utilities in the Southeast to keep them in its fold.

The proposed sale has dual benefits: Trinity gets to shed the facility outside of bankruptcy and the facility would remain open quieting local critics.

Alan Rubin of Blank Rome Government Relations examines the Texas grid fiasco and resilience concerns nationally, including California and the Northeast. Paul Burton hosts. (17 minutes)

The City Council rebooted the bidding process after 101-year incumbent SDG&E was the lone bidder in last year's process.

CPS Energy will issue $367 million of bonds to retire commercial paper, after absorbing a pair of downgrades following the Texas power distribution crisis.

An agreement between Gov. Ned Lamont and Connecticut tribal nations opens the door for the state to compete with its Northeast neighbors.

The American Rescue Plan provides $1.6 billion in transit dollars to a region stretching from Los Angeles to Anaheim.