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Flows into tax-exempt money market funds continued to see-saw this week as $906.5 million arrived in the week ended May 20, according to The Money Fund Report, a service of iMoneyNet.com.
May 23 -
Rep. John Delaney, D-Md., has introduced a bipartisan bill that would create an American Infrastructure Fund to provide loans and loan guarantees to state and local governments to help finance certain infrastructure projects.
May 23 -
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Soaring gasoline prices are the result of price increases for crude oil, not federal and state gas taxes, which must be raised to help pay for transportation infrastructure improvements, the Institute of Taxation and Economic Policy said in a recently released paper.
May 22 -
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Wisconsin Gov. Scott Walker reduced a proposed funding increase for the University of Wisconsin system in his proposed two-year budget by $94 million and recommended a tuition freeze.
May 21 -
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The Kansas Senate approved $202 million of state bonds for a national bio-defense laboratory at Kansas State University on a voice vote.
May 20 -
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Aside from an $800 million New York City general obligation refunding planned for Wednesday, there will be few large deals to grab investors' attention in the municipal market this week as approximately $5 billion in new issuance is expected on the heels of a quiet end to last week's activity.
May 19 -
President Obama signed a presidential memorandum today that the White House said will modernize the Federal infrastructure permitting process, cutting timelines in half for major infrastructure projects.
May 17 -
Public utilities must awaken ratepayers to the reality that, while energy sources are expanding, water is growing increasingly precious, experts told the Bond Buyer symposium on public utility finance.
May 17 -
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Table as of: 05/16/2013 11:57 AM Invisible Supply Issuer and purpose Amount
May 17 -
Stronger inflows made their way into municipal bond mutual funds, at $306 million for the week of May 15.
May 16
