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Sen. David Vitter, R-La., has reintroduced legislation that would prevent the federal government from providing assistance to any state or local government, including loans, loan guarantees, lines of credit, and grants. It would, of course, have exceptions for responses to disasters like Hurricane Katrina.
January 30 -
Issuance is expected to approach $9 billion in the coming week as February brings a $1 billion Pennsylvania competitive general obligation offering that was postponed because of the Jan. 26-27 blizzard in the Northeast.
January 30 -
New study recommends adding a separate account within the Highway Trust Fund for multimodal transportation infrastructure projects.
January 30
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For the week ended Jan. 29, the weekly average yield to maturity of the Bond Buyer Municipal Bond Index, which is based on 40 long-term bond prices, dropped one basis point to 4.12% from 4.13%.
January 29 -
Two senators have proposed a corporate tax repatriation plan to pump billions of dollars of new revenue into the Highway Trust Fund.
January 29
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Lumesis said it's forming a strategic partnership with Bitvore Corp. to provide the market with a single platform that eases access to up-to-date data on material changes in municipal bond issuers and obligors.
January 29
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The trustee for the Santa Rosa Bay Bridge Authority's defaulted bonds wants a toll increase for the Garcon Point Bridge but north Florida residents are opposing the plan.
January 28
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President Obama plans to propose a revised version of last year's $302 billion, 4-year transportation bill.
January 28
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Reps. John Duncan, R-Tenn., and Bill Pascrell, D-N.J., have once again sponsored legislation to exempt water and sewer private-activity bonds from state volume caps.
January 28
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Sen. Bernie Sanders, I-Vt., proposes a $1 trillion transportation bill that would put $75 billion a year into the Highway Trust Fund.
January 27 -
It could be a crucial year for Detroit Public Schools as Michigan Gov. Rick Snyder, Detroit Mayor Mike Duggan and a newly created coalition of Detroit leaders take on problems at the long-troubled district.
January 27
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A major Northeast winter storm caused issuers to postpone about $1.7 billion of bond sales , including a $1 billion Pennsylvania GO offering.
January 27
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