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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The rating agency delivered the latest coronavirus-related hit to the city's ratings by cutting its outlook. The city's GO bonds were affirmed at AA.
By Paul BurtonApril 22 -
The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.
By Paul BurtonApril 21 -
Despite severe budget stress, the city and state can take some meaningful actions, such as reviving the restaurant industry, expanding the role of P3s and rebuilding multi-purpose infrastructure, analysts say.
By Paul BurtonApril 21 -
Tom Kozlik from Hilltop Securities explores the effects of Washington variables such as political risk on states and localities. He also discusses rating agencies and muni disclosure. Paul Burton hosts.
By Paul BurtonApril 21 -
Its series of responses provides a greater understanding of the city’s history, says NYU Wagner's Mitchell Moss.
By Paul BurtonApril 17 -
The authority, which Moody’s dropped to A2 from A1, seeks a further $4 billion from Washington and has paused its capital program.
By Paul BurtonApril 16 -
New York's mayor announced sharp cuts, a draw on reserves and a call for further assistance from Washington.
By Paul BurtonApril 16 -
The pending deal with a Bank of America-led syndicate would enable the commonwealth to draw down needed finds while tax revenues are deferred.
By Paul BurtonApril 15 -
Rachael Fauss of Reinvent Albany explores cash-flow remedies for the mass transit system amid the COVID-19 pandemic, including the Federal Reserve possibly buying MTA bonds. Other topics include data transparency. Paul Burton hosts.
By Paul BurtonApril 14 -
Brodsky, who died of suspected complications from COVID-19, is remembered as a tenacious public official and a skilled debater.
By Paul BurtonApril 9