Politics

With more than 100 structures closed recently due to potential safety risks, Moody's said the state’s deteriorating infrastructure is credit negative.

With uncertainty surrounding federal infrastructure funding, Tennessee’s capital city is placing a largely locally funded, bond-financed program before voters.

The Legislature approved a $22 billion budget that includes line-item funding for the state’s broadband bonds.

Final price approval for a $1 billion airport terminal plan is being pushed off as more gates are added to the project.

New Jersey lawmakers are seeking once again to expand the state’s use of public-private partnerships as a way to jump-start infrastructure improvements.

About $25 million will come from bonds secured by the city’s share of county hotel tax revenue and tax increment financing.

The state's ratings are at risk, Fitch Ratings says, because the budget doesn't include debt service on bonds for the high-speed Internet project.

The revenue procedure implements a proposal in President Trump's infrastructure plan that will help facilitate public-private partnership arrangements.

The controversial bailout for Hartford is sending fiscal shock waves through the legislature and contributed to $100 million for the XL Center being cut from the governor's proposed capital improvement budget.

Alaska's credit quality and the future of some existing and proposed bonding programs hang in the balance as lawmakers wind down the clock in Juneau.

New Jersey needs new tax increases to combat an “unsustainable” structural deficit, the state’s top fiscal officer told legislative leaders Tuesday.

The Big Apple should be prepared to weather a big downturn, so the City Council is urging the mayor to put additional reserves into his budget proposal.

Illinois lawmakers returned to work this week with less than two months to settle on a budget.

Restructuring expert Michael Imber of EisnerAmper explains how in-kind real-estate asset contributions could curb the state's steep unfunded liability. Paul Burton and Chip Barnett host.

For the first time in nearly 30 years, Oklahoma has raised taxes to deal with a teachers strike, a credit positive step, says Moody's Investors Service.

The Legislature's budget failed to provide debt service on some bonds, decimated reserves, and lacked full funding for core services, Gov. Matt Bevin said.

Employers in New York also are allowed to implement a 5% payroll tax as a way of paying some of their employees’ state income taxes.

Illinois spreads are rising as the state plots its first sale of 2018 for May.

The Port Authority of New York and New Jersey’s planned $10 billion redevelopment of John F. Kennedy International Airport is beginning to take shape.

The city's issuer rating from Moody's Investors Service remains mired in speculative-grade territory.