Politics

The city's inability to get approval for bonds that would fund operating expenses has forced the mayor to propose deep budget cuts for the coming fiscal year.

A finance committee vote teed up a debate by the full Chicago City Council Wednesday on whether to require more aldermen votes for new borrowing.

In an unusually competitive election season in the GOP dominated Lone Star State, candidate platforms include moves that could impact state and local finances.

Bondholders agreed to extend the lender longstop date, giving developers more time to test the LAX SkyLink project and avoiding an imminent technical default.

With the effects of added Medicaid requirement looming next year, some states are already seeing stress cracks in their reserve fund balances and revenue levels.

Healthcare providers will receive nearly $12 billion in funding in fiscal 2027 with federal approval of the state's Medicaid directed payment programs.

The $5.66 billion spending plan for the fiscal year that begins Oct. 1 continues a voter-mandated plan to increase public safety spending.

The federal infrastructure program would bring a fresh source of revenue for states and railroads.

With the Bipartisan Infrastructure Law funding sunsetting at the end of the month, the American Public Transportation Association is staging a fly-in to lobby for advance appropriations.

Chicago will be a regional water supplier, and its water could draw the next Great Migration, Department of Water Management Commissioner Randy Conner said.

Despite uncertainty created by federal policies and global turmoil, California's trade did not shrink; it shifted.

Proposed federal grant rules and dwindling aid are among the factors that municipal market participants should be tracking, said panelists at The Bond Buyer's infrastructure conference.

The Federal Open Market Committee is expected to raise rates and will release a new dot plot. Analysts tell what they see.

Senators from western states sent a letter to two federal agencies to address preparations for an extended fire season.

The incoming Bond Buyer Hall of Famer spent nearly 50 years pairing legal expertise with advocacy, deal structuring and legislative problem-solving to help issuers navigate risks and expand their financing options.

Schools should begin auditing their programs and policies now, and bond buyers should prepare for more credit risks coming with higher education bonds.

Indiana illustrates both the shifting political risk for data centers and the direction of the infrastructure finance discussion on this issue.

Oregon Gov. Tina Kotek canceled plans for a Salem data center in July. Her new edict goes further.

A proposal for raising tax revenue includes eliminating the tax exemption for municipal bonds, a fundamental part of the muni market.

A costly Medicaid funding crisis is confronting healthcare providers in the state where fiscal pressures could force some rural hospitals to close.