Politics

The situation is worsening, driven by rising costs and AI revenue risks, the forecast warns.

The project was the Georgia's first revenue-risk P3 and lays the groundwork for future express lane P3s.

Connecticut transferred about $1.5 billion in excess budget reserves to its state employees' and teachers' pensions, said State Treasurer Erick Russell.

The rating agency lowered the outlook to stable on its A-plus rating, saying Pennsylvania didn't do itself many favors in its fiscal 2026 budget season. 

Chicago Mayor Brandon Johnson is seeking City Council approval of $1.8 billion in new money general obligation bonds and $2 billion in refunding authority.

New cost estimates for the repair of tolled Key Bridge in Baltimore, which is already under scrutiny by the Trump administration, indicate the price could be as much as $5.2 billion, more than double the original number.

The massive I-285 East express lanes project in metro Atlanta will be procured in two phases.

Transit advocates are pushing back on the Trump administration exploring the elimination of the Mass Transit Account of the Highway Trust Fund.

The long-awaited budget closely resembles the governor's original proposal, pared down by just over $1 billion.

Ten winners across five regions and five additional categories will be celebrated Dec. 2 in New York City, where one will be crowned the overall Deal of the Year.

Two House municipal finance caucus members are running for Senate next year.

The Fargo-Moorhead Metropolitan Area Flood Risk Management Project had a deadline Friday for bondholder consent to a settlement resolving construction disputes.

Maryland's financial challenges are resurfacing via a report from the Department of Legislative Services projecting a $1.4 billion budget deficit in fiscal year 2027.

Rural providers face $137 billion in federal Medicaid cuts from the One Big Beautiful Bill Act.

The end of the government shutdown includes clearing three of twelve appropriations hurdles while questions linger about the future of the highway reauthorization bill.

A state audit of the Houston-based HBCU that identified financial issues led the governor to direct state agencies to launch an investigation.

The Treasury secretary highlighted the impacts the bond market has on affordability and previewed regulatory tweaks the administration is eyeing to keep yields stable and credit flowing.

Arrington announced he will not seek reelection in 2026 after helping shepherd President Trump's first major tax bill through Congress, marking the first GOP House chairman to check out in 2026.

A planned vote on health insurance subsidies will be key to how Congress handles the next funding cliff at the end of January, market participants said.

Some of the most active sectors have been education (+29%), GOs (+17%) and healthcare (+17%), said Kim Olsan, senior fixed income portfolio manager at NewSquare Capital.