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Increasing the federal gasoline tax by 10 cents per gallon to generate enough revenue to fully fund a multiyear federal transportation bill could, in turn, be offset by a 2% drop in the top margin income tax rate, the nonpartisan Tax Foundation said in a recent report.
March 10
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Florida Gulf Coast University's credit outlook stabilized Monday when two rating agencies found that recent modifications to the terms of a direct bank loan lessened the institution's contingent risk.
March 10 -
The Metropolitan St. Louis Sewer District would like to ask voters next year to support $919 million in new borrowing for wastewater projects and to revamp its stormwater fee structure.
March 10
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Kroll Bond Rating Agency assigned its AA-plus rating to New York state general obligation bonds in its first ever rating of the Empire State.
March 10 -
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Small colleges are having a hard time but college mergers may help out, according to Moody's Investors Service.
March 9 -
Pressure from constituents may be best hope for quick congressional approval of a long-term federal transportation bill, industry advocates say.
March 9
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States seeking to boost their transportation funding are finding gasoline tax increases as the most effective path to progress.
March 9
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An airline group asks Congress to oppose a proposal by airports for a 90% boost in a federal passenger fee that funds capital projects.
March 6 -
Weekly municipal volume is set to increase to a three-month high, led by bond sales from the University of California and New York City.
March 6 -
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For the week ended March. 5, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, moved up two basis points to 4.27% from 4.25% the previous week.
March 5 -
BlackRock, Inc. is expanding its iShares Exchange Traded Fund business with a municipal bond fund.
March 5 -
A bill designed to ease Detroit's first appearance in the public debt market since its bankruptcy sailed through a Michigan legislative committee and could come before the Senate next week.
March 5
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The House passes a four-year Amtrak funding bill that requires a study of high-speed passenger rail from Washington, D.C., to Boston.
March 5
