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A proposed $3 billion rapid passenger rail system in the Midwest would cut the five-hour train trip between Chicago to Detroit by almost two hours.
October 29
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Infrastructure upgrades would expand the economy and make the U.S. more resistant to climate change, a labor-environmental group says.
October 28
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Michigan should enact protection of general obligation bonds to help the state's local governments in the wake of Detroit's treatment of its GOs as unsecured, says bankruptcy expert James Spiotto.
October 28
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The trial to decide if Detroit's bankruptcy confirmation plan will be approved closed with attorneys for the city defending its debt-adjustment plan as fair to creditors and capable of setting the city on a path to revitalization.
October 28
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On the closing day of Detroit's bankruptcy trial, municipal research firm Municipal Market Advisors warned that the city may have just set itself up for another Chapter 9.
October 27 -
An overwhelming majority of Texans seem ready to approve a ballot measure moving $1.7 billion/ year into the state road fund.
October 27
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A $1.6 billion Liberty Development Corporation nonrated financing for the 3 World Trade Center Tower project will thunder into the primary market this week, giving investors a rare opportunity to grab triple-exempt, high-yield bonds from a large specialty state, municipal sources said.
October 26
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Local government groups tell Congress they want a bigger share of road funding in the next multi-year federal highway bill.
October 24
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Inflows for all municipal bond funds declined by 90.8% as investors pulled money out of long term and high yield funds.
October 23 -
Maryland voters will decide whether to constitutionally prohibit lawmakers from diverting transportation-dedicated tax revenues to other purposes.
October 23
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