Paul Burton is the Northeast Regional Editor for The Bond Buyer. His major coverage has included New York City and MTA finances; the Harrisburg, Pa., debt crisis; the 38 Studios bond financing fiasco in Rhode Island; and unfunded pension liability. Paul hosts podcasts and videos and has moderated at Bond Buyer conferences. Previously, Paul was senior editor and copy chief at M&A-oriented financial media company The Deal LLC. His award-winning career has spanned financial, sports and political journalism. A Boston native, Paul is the author of the book “Tales from the Newsrooms.” He is a frequent public speaker and has appeared as an expert on municipal debt on radio and television shows, including former CBS News White House correspondent Sharyl Attkisson’s public-affairs program, “Full Measure.”
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A bill would authorize its capital city to issue up to $850 million in pension obligation bonds if it can get a true interest cost of 3.5% or less.
By Paul BurtonJune 2 -
Skepticism continues, even as New York Gov. Andrew Cuomo led a cheerleading tour through the $11 billion project site under Grand Central Terminal.
By Paul BurtonJune 1 -
Proceeds of the general obligation bonds will fund new capital projects and refinance debt, state Treasurer Beth Pearce said.
By Paul BurtonMay 28 -
Given that subway safety concerns could impair a rebound from COVID-19, recent spikes in crime and levels of policing triggered spirited discussion at a board meeting.
By Paul BurtonMay 27 -
The state's momentum with rating agencies continued when Fitch elevated its special tax obligation bonds to AA-minus.
By Paul BurtonMay 27 -
Rhode Island Health and Educational Building Corp. is marketing the $127 million issuance as social bonds.
By Paul BurtonMay 26 -
While Jacques Jiha cited improved outlooks to stable from Moody's and S&P, skeptics warned of inadequate use of federal aid and lingering outyear budget gaps.
By Paul BurtonMay 25 -
Eli Dvorkin of the Center for an Urban Future suggests how New York City can save millions by improving its capital construction process. He also examines the city's tech growth. Paul Burton hosts. (23 minutes)
By Paul BurtonMay 25 -
In what one critic called a "riverboat gamble," Mayor Jorge Elorza in Rhode Island's capital city seeks $704 million to pump into a severely unfunded system.
By Paul BurtonMay 21 -
Alex Elegudin revealed confidential information to a paratransit vendor during a competitive bidding process, according to Carolyn Pokorny's office.
By Paul BurtonMay 21