Politics

The Tax Policy Center examined which cities and states would be the most affected if Congress eliminates the tax exemption.

Alaska, California, Hawaii, Washington, Louisiana and New York have the worst-performing, least cost-effective roads and bridges, according to Reason Foundation's latest report.

The U.S. Congress is considering eliminating the federal tax exemption for municipal bonds, the single most important financing tool for cities and towns across America. If they do, the cost of building and maintaining infrastructure — roads, bridges, schools, water systems, and even broadband networks — will skyrocket.

The Southeast has many of the largest ports and cargo airports in the country along with extensive foreign investment that creates exposure to trade turmoil.

If the seven states dependent on the Colorado River don't craft a new operating agreement, the federal government could end up doing it for them.

A city-created corporation plans to issue bonds for the mass transit project, paid off with a voter-approved hike in the maintenance and operations property tax.

The new continuing resolution passed in the House omits key language that allows Washington to implement its approved budget, which is threatening to cancel planned capital projects.

The government funding measure now heads to the Senate where it needs Democratic support to pass.

The BDA met last week ahead of the House Ways and Means launching talks on what the reconciliation tax package may include.

Muni advocates are stepping up pressure on Congress to take the elimination of municipal bond tax exemption off the menu by exploring alternatives and providing numbers showing how short term gains will become long term losses.

The Lone Star state, the nation's largest exporter of goods, could be hit economically by a tariff war, particularly with Mexico, its biggest trading partner.

Alaska Gov. Mike Dunleavy signed legislation approving the issuance of up to $135 million in revenue bonds to replace a cruise ship terminal.

In 2017, the BDA hired a lobbying firm as Congress wrote a tax reform bill. This time, the group opted for a strategic communications firm.

A united Republican vote for the continuing resolution could indicate the GOP's ability to gather support for the more complex reconciliation bill.

Moody's Ratings has placed Washington D.C.'s credit rating on review for a possible downgrade for all debt classes due to the Trump administration's cuts to the federal workforce.

Maryland lawmakers proposed a new tax on business-to-business transactions to close a $3 billion budget gap amid the firing of thousands of federal employees.

The issuing entity said it has collected enough money to pay all outstanding debt service.

Gov. Phil Murphy highlighted pensions and fiscal responsibility in his budget address. 

A new report identifies reforms to speed up the regulatory process and reduce costs for infrastructure projects in California.

Federal Reserve Chair Jerome Powell emphasized the need for patience amid uncertainty over the Trump administration's policies, saying there would be no immediate rate changes but that the Fed would proceed carefully.