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 omnibus bill drops a controversial measure to claw back unspent state COVID funds and includes long sought-after language to ease the transition away from LIBOR.
March 10 -
Thirty states would have been affected by the plan to claw back $8 billion in unspent ARPA funds to offset the FY22 appropriation.
March 9 -
Transportation advocates remain opposed to the legislation and the Biden Administration has not taken a position.
March 9 -
The Eastern Transportation Coalition's report highlights concerns about privacy, trucking and rural drivers.
March 7 -
The low-interest federal loans will complete financing packages for Virginia's express lane extension outside Washington D.C. and Maryland’s Purple Line light rail project.
March 4 -
A federal memo on IIJA dollars outlines Biden administration priorities but doesn’t tie states’ hands when it comes to funding, the transportation secretary said.
March 2 -
The president touted the benefits of last year's Bipartisan Infrastructure Law and American Rescue Plan Act during his first State of the Union address.
March 2 -
States have appropriated 72% of the ARPA funds they have received so far and many state legislatures are developing plans to spend the rest.
March 1 -
“I want to break ground next year,” Kentucky Gov. Andy Beshear said.
March 1 -
Oklahoma joins Texas, Arkansas and Louisiana in allowing utilities to float securitized bonds to recover spending on fuel price spikes during Winter Storm Uri.
February 28