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Detroit's bankruptcy court judge has delayed the scheduled start date for hearings on the city's confirmation plan by three weeks to Aug. 14.
June 9 -
House GOP leaders push ahead with a plan to fund highway projects for a year with savings realized by limited Saturday mail deliveries.
June 9 -
Detroit's hometown automakers pledged $26 million towards the Detroit Institute of Arts' $100 million share of the so-called "grand bargain" that's a key part of the city's plan to emerge from bankruptcy.
June 9 -
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A $1.7 billion Los Angeles Unified School District general obligation refunding planned for this week will help boost volume to the highest in three months, and help satisfy pent-up demand among eager, cash-flush investors, according to municipal traders.
June 8 -
This year's higher taxes played a secondary role as demand for municipal bonds surged after April 15 tax deadline passed, according to analysts.
June 6 -
Michigan legislation that raises money for Detroit's pensions marks a "lost opportunity" for bondholders and reflects ongoing tensions between bond and pension recoveries in the bankrupt city, Moody's Investors Service said.
June 6 -
New study links increased public corruption to high levels of state expenditures on highways and other construction projects.
June 6 -
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The leaders of the Senate Finance Committee on Thursday that they will hold a series of tax reform hearings this summer and will continue to look for innovative ways to fix the Highway Trust Fund other than using revenues from repatriation.
June 5 -
The Detroit City Council Thursday approved the transfer of the city's art collection to a charitable trust, a key piece of the so-called grand bargain that holds together the city's bankruptcy exit plan.
June 5 -
The Bond Buyer's muni bond indexes mostly weakened in the week ending June 5.
June 5 -
The Senate Appropriations Committee on Thursday approved a $51 billion transportation spending measure for fiscal 2015, as a subcommittee chair warned about the pending insolvency of the Highway Trust Fund.
June 5 -
Hedge funds and other non-traditional buyers will exit the municipal market place if munis continue to grow more expensive relative to Treasuries, BlackRock said.
June 5









