Caitlin Devitt has covered the municipal bond market since 2008. She began her journalism career at the Herald Newspapers on the South Side of Chicago, starting as a reporter and rising to Managing Editor. While at The Bond Buyer, she covered the Detroit bankruptcy among other Midwest-based stories. Devitt joined Debtwire Municipals in 2016, where she covered the high-yield municipal bond market for five years, before returning to the Bond Buyer as Senior Infrastructure Reporter. She lives in Chicago with her family.
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The fresh guidance seeks to end a debate over how to prioritize federal transportation funds that's dogged Biden administration officials for more than a year.
February 28 -
The idea for a national infrastructure bank has resurfaced in Congress, with advocates saying it will attract private equity and pension funds to fill a gap that federal money can't address.
February 24 -
The ruling striking down Rhode Island's tolling program constrains states' efforts to solve complex infrastructure problems, the state says.
February 22 -
Public power agencies argued that subsidies for Build America Bonds should be exempt from the federal budget sequestration process.
February 21 -
It's the latest in a series of so far unsuccessful bills that have targeted federal tax exemptions for debt-financed professional sports arenas.
February 17 -
The municipal bond market gets sucked further into the culture wars with Florida's latest plan to ban issuers from considering ESG factors when issuing debt.
February 16 -
The jump signals a big pipeline of projects on the horizon.
February 14 -
The scheduled expiration of the TCJA tax cuts "is the most significant factor pushing up tax revenues relative to income over the next 10 years," the CBO said.
February 13 -
An initial toll corridor would require $8.5 billion in upgrades, which would be financed by a new bond credit under a plan under consideration by Michigan lawmakers.
February 10 -
Translating bipartisan support for infrastructure funding into support for long-term financing is a key lobbying goal for the municipal bond market.
February 8