Portfolio managers seem more sanguine about threats to the tax exemption from Congress.

Ohio Gov. Mike DeWine wants to raise the sports gaming tax to pay for stadiums and he does not want the state to issue bonds to finance stadium development.

The rising costs of federal debt, an impending budget showdown, and Congressional turmoil is highlighting the complex relationship between Treasury securities and municipal bonds.

DeSantis' proposed all government activities budget is 2.5% lower than the current year's budget.

The study comes as the city faces a growing structural budget deficit and shrinking reserves that led to negative bond rating outlooks.

The deeper the proposed cuts, the more the municipal market fears for the fate of tax-exempt bonds.

The tax exemption has been in place for more than 110 years, but Republicans say its removal is vital for prolonging many parts of the Tax Cuts and Jobs Act.

Blake G. Washington discussed Medicare, the MTA and more at a luncheon with the Citizens Budget Commission. 

Audit activity in the municipal market ebbs and flows with the IRS budget.

Governors in the drought-prone region are asking their legislatures for funding to boost future water supply or to repair aging water infrastructure.

Lawsuits are mounting against the Trump administration's aggressive actions to cut federal spending.

The Lone Star State is expected to add 225,000 jobs in 2025, down from 244,000 last year, according to the Dallas Federal Reserve's annual forecast.

Texas Sen. John Cornyn remains a supporter of private activity bonds, his staff told BDA.

Both houses of the Virginia state government have advanced budget bills that include rebates to taxpayers from surpluses fattened by federal funding and robust tax collections, a trend that concerns policy experts.

The directive appears to apply to discretionary grant programs and not state formula funds.

A recent Texas Supreme Court decision will force the city to increase the amount of property tax revenue allocated to a dedicated drainage and street fund.

Connecticut's governor proposed a new public finance tool as part of a broad plan to improve the state's resiliency against extreme weather and climate change.

Transportation officials and lawmakers are exploring the road ahead for the Highway Trust Fund, electric vehicle user fees, and the reauthorization of the surface transportation bill as friction over funding mounts.

The muni industry is trying to get to the bottom of questions around how the House arrived at savings estimates for eliminating the tax exemption.

The Treasury department aims to stand it up within the next 12 months.