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The current failure of House and Senate negotiators to find common ground on a short-term fix for the almost-insolvent Highway Trust Fund may not mean the ailing fund won't be patched, transportation experts said Wednesday.
July 9
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The chairman of New York's Metropolitan Transportation Authority got the message he expected in Washington: Congress will not step in should LIRR workers strike.
July 9 -
A new assessment of Detroit's art collection puts its price tag at up to $4.6 billion, significantly higher than the city's first valuation and more in line with bond insurers' estimates.
July 9 -
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The House Ways and Means Committee plans to vote on a bill Thursday that would transfer almost $11 billion to the Highway Trust Fund to keep it solvent through May 31, 2015.
July 8
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New York MTA Chairman Thomas Prendergast plans to visit congressional leaders in Washington after talks with Long Island Rail Road unions settled nothing.
July 8 -
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Congress must quickly fix the impending insolvency of the Highway Trust Fund without waiting for an executive order, President Obama said.
July 7
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All creditors in the Detroit bankruptcy case must vote on the city's debt adjustment plan by Friday, a key vote that will set the stage for an August trial and the city's effort to exit Chapter 9 by early fall.
July 7 -
Municipal bond fund inflows fell to their lowest levels in the last nine weeks during the week leading into the Fourth of July holiday.
July 7 - Texas
Texas Municipal Utility Districts have come far from their dirt-bond past and are expanding to keep pace with growth while supplying a lean muni market with higher-yielding bonds, experts say.
July 7
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Continuing its quest for documents tied to the sale of $1.4 billion of certificates of participation, Detroit Friday said it would subpoena one of the banks as well as public finance attorneys involved with the 2005 transaction.
July 3 -
A federal appeals court judge advanced bond insurer Syncora Guarantee Inc.'s appeal of a key decision about casino tax revenue in the Detroit bankruptcy case, ordering a lower court to review the challenge by July 14.
July 3
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President Obama's warning that federal transportation funding will dry up is a scare tactic aimed at raising taxes, a conservative group said.
July 3
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The Bond Buyer's muni bond indexes were narrowly mixed in the week ending July 2.
July 2
