After the unprecedented collapse an oil futures contract into negative territory, the leading oil producing states face budget uncertainty.

The New York City Council is set to unveil a COVID-19 relief package of bills that include help for small businesses and tenants.

Analyst says the shortfall is another problem for the island's economy.

A disclosure filed with the MSRB said two rehabilitation and nursing facilities in Massachusetts were unable to make a scheduled payment due to the coronavirus pandemic.

The Illinois penalty that raises borrowing costs for all issuers in the state may widen as local agencies and governments face likely cuts in state support.

The state doesn't expect any short-term borrowing to cover the current fiscal year, Gov. Ned Lamont said.

The New Jersey Infrastructure Bank has implemented a backstop municipal note program aimed at bringing fiscal stability to the state’s local governments as they grapple with the COVID-19 pandemic.

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.