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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MTA officials revealed dark budget-and-service cut scenarios and Mayor Bill de Blasio closed in-person public schools, actions likely to ripple through the city's economy.
By Paul BurtonNovember 19 -
Neal Zuckerman, a New York MTA board member, tells The Bond Buyer's Paul Burton how takeaways from that era relate to today's transit funding crisis. "History doesn't repeat itself, but it rhymes." (24 minutes). Recorded Oct. 30.
By Paul BurtonNovember 17 -
Such moves could reduce costs by up to $180 million in present-value savings, Joe Torsella said.
By Paul BurtonNovember 17 -
The state has been coping with the economic fallout of COVID-19 and a burgeoning second wave that is expected to challenge the commonwealth’s finances and burden its healthcare system.
By Paul BurtonNovember 17 -
The comptroller said the Taxi Workers Alliance proposal puts a floor under loan losses by guaranteeing city purchase of any defaulted medallions.
By Paul BurtonNovember 13 -
A school official called the coronavirus-related hit "a temporary blip," and said the rating agency moved too quickly.
By Paul BurtonNovember 13 -
Municipal water and sewer utilities are considered among the best positioned public finance sectors to confront COVID-19 related credit risks.
By Paul BurtonNovember 11 -
The contest that took nearly a week to finalize was among several races that epitomized the state's sharp political divide.
By Paul BurtonNovember 11 -
Rachael Fauss of watchdog Reinvent Albany discusses the importance of transparency amid the pandemic. She also explores state-agency debt and the Fed's Municipal Liquidity Facility. Paul Burton and Andrew Coen host. Recorded Nov. 2 (19 minutes)
By Paul BurtonNovember 10 -
MBTA officials insist the moves, which include a capital-to-operating budget shift, are necessary to help seal a coronavirus-related $579 million operating gap.
By Paul BurtonNovember 10