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The chairman of the House Ways and Means Committee has ruled out raising the federal gas tax to support a multiyear transportation funding bills and says another short-term fix for the Highway Trust Fund is inevitable.
June 17
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Senate Democrats said they want progress on a highway bill before the current short-term fix expires July 31.
June 16
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Holders of $5.2 billion of Detroit water and sewer bonds are again playing a key role as the city attempts to execute its last big bargain struck during its bankruptcy.
June 15 -
House Democrats seek Republican support for multiyear highway bill in exchange for passage of multinational trade pact.
June 15
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Volatile muni yields coupled with the trepidation surrounding a Federal Open Market Committee meeting seem to have put a damper on new issuance as volume for the coming week is estimated at $6.72 billion, according to Ipreo and The Bond Buyer.
June 15
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This week to see first House and Senate committee hearings in five years on sustainable options for the Highway Trust Fund.
June 12
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A coalition of environmental groups wants the Federal Highway Administration to withdraw its support for the controversial Illiana Corridor toll road.
June 12 -
Holders of $5.2 billion of Detroit water and sewer bonds will have a say in whether a new regional authority will take over the long-troubled Detroit Water and Sewerage Department.
June 12
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For the week ended June 11, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, increased five basis points to 4.47% from 4.42% from the previous week.
June 11 -
For the sixth week in a row, municipal bond funds reported outflows, bringing to nine out of 24 weeks this year the funds have suffered cash withdrawals.
June 11 -
Sponsors say a newly introduced measure to slash the federal gasoline tax would give the states flexibility in transportation funding.
June 11
