Economy

The Los Angeles County Metropolitan Transportation Authority has secured $1.5 billion in federal grants and loans needed to accelerate a subway line.

Municipal market participants and others need not panic over the Republican threats to repeal the Affordable Care Act because health care plans are locked in under the ACA until at least 2019, a key member of President-elect Trump’s transition team said Thursday.

Indiana GOP House leaders offer $1.2 billion per year road funding plan fueled by gas tax hike.

A coalition of state, local, and infrastructure groups is pushing the California Legislature to act on transportation funding soon in 2017 after failing to reach a last-minute deal in 2016.

New York Gov. Andrew Cuomo is proposing a roughly $10 billion modernization of John F. Kennedy International Airport that could incorporate elements of a public-private partnership.

The Chicago Transit Authority hits the market as soon as Tuesday with $325 million of sales tax receipts revenue bonds under a new second lien.

A Texas court will determine if a proposed high-speed rail line can use eminent domain to survey and acquire land.

The U.S. Department of Transportation told a Florida congressman who made inquiries about All Aboard Florida’s financing that it “does not evaluate ridership, revenue, or creditworthiness” for private activity bond allocations.

Sen. Chuck Schumer, D-N.Y., said Tuesday in his inaugural speech as Senate Minority Leader that he hopes for more direct spending in President-elect Donald Trump's proposed $1 trillion infrastructure plan.

The harmful effects of a repeal of the federal Affordable Care Act without a replacement package to soften the blow would extend beyond hospitals to lllinois' economy, according to the state hospital association.

A coalition that opposes California high-speed rail has filed two lawsuits to try to halt the project just as the rail authority planned to seek approval to issue bonds.

Wisconsin could net up to $41 billion of new road revenue by 2050 with tolls on its interstate highways.

Tom Prendergast departs as New York MTA chief on a high note as Second Avenue subway line opened. His successor will face numerous challenges.

Tolls on interstate highways are seen as the only way to provide the revenue stream in President-elect Donald Trump's infrastructure proposal.

Michigan-based Trinity Health Credit Group will take some unpleasant rating news into its pricing of $340 million of new-money and refunding bonds, after a downgrade that still leaves the system at the AA-minus level.

Finding more revenue for transportation infrastructure will be elusive but obtainable in 2017.

A New York subway line delayed over 100 years is about to open "on time" when Second Ave. Subway service begins on New Year's Day.

Alabama state lawmakers in 2017 will weigh competing major bond programs to fund transportation and prison construction, as well as two controversial gambling proposals.

Folding its $1.6 billion retirement fund into the state pension system is essential to the future of the Massachusetts Bay Transportation Authority, said a Pioneer Institute report.

The Illinois State Toll Highway Authority heads into the New Year with a $1.7 billion budget that includes $300 million of borrowing to finance projects in the sixth year of its $12 billion, 15-year capital program.