Eric Holcomb said paying cash for projects would save the state $100 million in interest costs.

New Hampshire Gov. Chris Sununu vetoed a $13 billion two-year budget because the Republican disagrees with legislative Democrats about a tax rate.

Fitch Ratings cut Vermont's general obligation bonds to AA-plus, citing slower growth prospects driven by an aging population that isn't growing.

The Kentucky Bond Development Corp. privately placed bonds with Morgan Stanley to settle outstanding obligations to KentuckyWired P3 partners.

The plan would have the state issue $10 billion of pension obligation bonds to create annual budget savings to fund road repairs.

Illinois is the only state that has not yet published its fiscal 2018 comprehensive annual financial report and officials don't have an estimated release date.

Garden State Initiative founder Regina Egea, a chief of staff under former Gov. Chris Christie, explores pressing fiscal challenges facing New Jersey. Hosted by Andrew Coen.

Fitch Ratings on Monday assigned a BBB rating to $264 million of private activity bonds to fund an extension to Virginia’s 95 Express Lanes.

New York’s five-year capital plan may contain long-term risks from the state's increased reliance on borrowing, according to State Comptroller Thomas DiNapoli.

Facing its third hurricane season since Harvey devastated the coastal region, Texas is investing billions of dollars to protect vulnerable cities and counties from flooding.

Christopher Waller is a conventional choice drawn from within the Fed’s own ranks. Judy Shelton has spent decades outside mainstream economics. But both are expected to echo the president’s call for lowering interest rates.

Lawmakers' $9.97 billion spending plan includes $200 million in Garvee bonds for I-95 in Providence but not Gov. Gina Raimondo's call to legalize cannabis.

The state is taking qualifications from firms interested in building three facilities to house male inmates.

The Pennsylvania governor signed a $34 billion fiscal 2020 budget on time and free of drama — unusual for the commonwealth.

The Illinois governor says the state, with its low ratings, is in no position to absorb its largest city's massive pension liabilities.

Through February of this year, 20 P3-related bills were enacted by 14 states since 2016.

New Jersey Gov. Phil Murphy signed a $38.7 billion 2020 fiscal year budget Sunday excluding a millionaire’s tax he has long campaigned for.

Gov. J.B. Pritzker denounces the move as right-wing attack to harm the state's improved standing in municipal market.

Charles Gasparino of FOX Business Network talks with Chip Barnett about the role municipal bonds play in the U.S. and how the market has changed over the years. He gives a look back at New York City's finances as well as the best ways to approach infrastructure spending across the country.

A progressive income tax may not boost the state's near-junk rating unless revenue is used to address the pension problem.