Economy

House Democrats seek Republican support for multiyear highway bill in exchange for passage of multinational trade pact.

This week to see first House and Senate committee hearings in five years on sustainable options for the Highway Trust Fund.

A coalition of environmental groups wants the Federal Highway Administration to withdraw its support for the controversial Illiana Corridor toll road.

If state lawmakers and Gov. Bruce Rauner can’t resolve their differences over a fiscal 2016 budget, the Illinois Hospitals Association is urging them to adopt a temporary spending plan.

Idaho officials reassured investors about uncertainty surrounding federal funding for the state's multi-year highway construction program in a net road show ahead of the state's plans to price $157.5 million in grant and revenue anticipation refunding bonds on June 15.

Sponsors say a newly introduced measure to slash the federal gasoline tax would give the states flexibility in transportation funding.

Los Angeles officials unveiled the results of a three-year, $230 million renovation of Los Angeles International Airport’s Terminal 5 June 10.

A federal judge denied requests by two Florida counties seeking to block the issuance of $1.75 billion in private activity bonds for a private passenger train project.

The Alaska Railroad Corp. received a one-notch downgrade to A from Standard & Poor’s on capital grant receipts bonds while Moody’s Investors Service affirmed its A3 rating ahead of plans to price $96.6 million on July 21.

Rep. Richard Neal, D-Mass., said he would like to see a revival of the Build America Bond program included in a long-term highway bill.

Focus on a controversial, stand-still federal transportation appropriations bill shifts to the Senate after narrow House passage.

House Democrats and a conservation think tank line up to oppose a transportation appropriations bill that freezes highway funding.

The Southern California Logistics Airport Authority's already junk-rated bonds are on review for another downgrade by Moody's Investors Service.

Minnesota’s HealthEast Care System will make a rare appearance in the market this week with a debt restructuring aimed at strengthening its balance sheet.

A Florida attorney who says his property will be devalued by a private passenger train wants to intervene in a federal lawsuit challenging tax-exempt financing for the project.

Maryland wants to investigate the feasibility of a magnetic levitation train between Baltimore and Washington.

The Texas Transportation Commission will bring $800 million of refunding bonds to market in its first issue since the Legislature approved a record funding increase for highway projects.

Indiana will continue to suspend all work and contracts tied to the $1.5 billion Illiana Corridor toll road until the fate of the controversial project becomes clear in cash-strapped Illinois.

Moody’s Investors Services raised the San Francisco County Transportation Authority’s issuer rating to Aa1 from Aa2.

Virginia will decide in November whether to proceed with $3 billion toll lane project as P3 or use conventional financing.