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The Senate on Wednesday adopted a short-term extension of federal transportation funding that was approved the previous day by the House.
October 28
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With more colleges facing fiscal challenges issuing debt for new projects, many higher education institutions are exploring alternative forms of financing, according to Tom Morsch, co-head of Public Financial Management Inc.s public-private partnership practice.
October 28 -
The $3.6 trillion municipal bond market may benefit from the infrastructure moves if states, agencies, and localities choose to borrow against the new revenue to provide immediate infusions of construction cash.
October 28
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Despite last weeks downgrades, Illinois general obligation paper fares better than New Jersey for relative credit risk, Municipal Market Analytics said in a commentary comparing the two lowest-rated states.
October 27
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The House on Tuesday passed a three-week extension of federal transportation funding that would keep reimbursements to states for highway and transit projects flowing through Nov. 20.
October 27
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The House could vote as early as Tuesday on a 22-day extension of federal transportation funding to avoid a Oct. 29 expiration date.
October 26
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Municipal professionals, insurers and bondholders criticized the United States Treasurys proposal for a Super Chapter 9 bankruptcy bill for Puerto Rico as dangerous.
October 23 -
Congress will consider another short-term extension of federal highway funding as lawmakers seek a solution to a revenue shortfall.
October 23
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Rating agencies are continuing to treat municipal issuers unfairly even though federal law required that practice to stop, former California Treasurer Bill Lockyer said.
October 23
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Municipal bond funds reported inflows for the third week in a row, according to Lipper data released on Thursday. Weekly reporting funds experienced $240.718 million of inflows in the week ended Oct. 21, after inflows of $520.807 million in the previous week.
October 22
