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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
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Municipal bond funds reported inflows slowed to $192.27 million for the week ending June 5 from $634.48 million the week before, according to Lipper FMI.
June 5 -
Outflows from tax-exempt money market funds slowed to $692.4 million in the week ended June 2, as total net assets fell to $256.41 billion, according to The Money Fund Report, a service of iMoneyNet.com.
June 5
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Holders of Detroit's bonds want the bankruptcy judge to consider key questions of whether the city's treatment of its bond debt is legal at a main confirmation trial this summer instead of a one-day hearing set for later this month.
June 5 -
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The proposed EPA rule to reduce carbon emissions could negatively pressure issuers' credit ratings, some analysts said in preliminary comments this week.
June 4
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Calling it a historic day in Michigan, Gov. Rick Snyder promised speedy approval of a package of bills aimed at resolving Detroit's bankruptcy with a state contribution to the city's pensions funds.
June 4
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Recent improvements in airline profits are credit positive for airport bonds and may lead to increased capital investments, Well Fargo says.
June 4
