Politics

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

Bill Glasgall, senior vice president at the Volcker Alliance, and Sarah Swanbeck, from the University of California at Berkeley, discuss how the state of California became the comeback kid in finances. What is the state doing right with its budget? Where do its finances need improvement? And what’s the outlook for the state going forward? Chip Barnett hosts.

Gribbin's resignation, which followed Gary Cohn's departure, means that the two major administration officials charged with developing and selling the president's infrastructure plan are gone.

The question of whether to cover Virginians under the Affordable Care Act prevented a budget from passing during the regular session.

Surging sales tax revenue shows economic strength across several sectors, Texas Comptroller Glenn Hegar says.

Kentucky lawmakers approved a $22 billion biennial budget bolstered by cuts for most state agencies, transfers and new revenue.

The project is designed to protect Fargo, North Dakota and Moorhead, Minnesota from high waters.

Moody's labeled the Illinois high court's refusal to hear an appeal on step raises a "credit negative" for the state.

The budget approved over the weekend fails to address long-term fiscal challenges, according to analysts.

Many teachers went on strike Monday after state lawmakers approved a pay raise that represented about half of what they sought.

The competitive issuance will include roughly $35 million of taxable bonds.

Hartford's council authorized an agreement for the state to pay the city's debt over two decades while accepting state oversight.

Historic redevelopment projects that were on life-support are moving forward after historic tax credits were retained in a rewrite of the federal tax code.

The state has agreed to pay off Hartford's general obligation debt — about $550 million over the next two decades or so — as part of the bailout promised to the city under the most recent state budget.

Gov. Phil Murphy is targeting New Jersey Economic Development Authority tax incentive programs.

Democratic challenger J.B. Pritzker will take on Republican incumbent Bruce Rauner.

New Jersey Gov. Phil Murphy wants his first budget proposal to begin a turnaround for the state’s mass transit system.

The other finalist is a consortium that features Chicago-based broker-dealer Loop Capital Markets.

Rick Scott used his line-item veto power to cut $64 million from the $88.7 billion spending plan.

After years tight budgets that followed tax cuts and revenue shortfalls, Oklahoma teachers and government employees are threatening to walk off the job.