Washington News from Bond Buyer

A plan to sharply cut Community Development Block Grant program staffing follows Trump's statement that he is inclined to eliminate the Federal Emergency Management Agency.

The Senate move provides an alternative pathway towards a final budget agreement as the House wrestles with an approach that could include key tax policy changes for the muni market.

"Who got rich off this project? Where did those billions of dollars go?" asked Transportation Secretary Sean Duffy in announcing the federal review of the controversial bullet train.

Washington's threats to state and local government funding took center stage when Illinois Gov. JB Pritzker delivered his seventh budget.

Trump's executive order raises concern about whether the SEC will pursue certain fraudsters, even if staff deems action warranted.

Some analysts believe that the muni market will ultimately be insulated from any changes in tax status because of the benefit it already provides.

Moody's is the latest rating agency to warn about a budget squeeze for Texas schools, which have been prolific issuers of voter-approved bonds in recent years.

Chicago aldermen delayed a vote on $830 million of general obligation bonds that Mayor Brandon Johnson wants to issue.

The DOT cited the use of the tolls for transit as one of its reasons to terminate.

The South San Antonio Independent School District, which has had a state conservator, will now get a state-appointed board of managers and superintendent.

The Senate Committee on Environment and Public Works begins the process of untangling the bureaucratic red tape of permitting to speed the pace of infrastructure improvements and housing initiatives which often leverages bond proceeds.

In a first for the Midwest, a southern Illinois city plans to redevelop a mall using proceeds from sales tax and revenue bonds.

The scandals surrounding New York City Mayor Eric Adams may lead to his removal from office, but the city's bonds are still insulated from the fallout, analysts say.

The state will have less money to spend in the upcoming fiscal year, according to projections certified in a process criticized by Oklahoma's attorney general.

Washington, D.C., Mayor Muriel Bowser declined to rule out tapping public money to renovate RFK Stadium to lure the NFL's Washington Commanders back to the city, though Council members are divided on the plan.

Texas officials are eying ways to protect a massive state-funded school property tax cut from being eroded by local bond issues and tax increases.

PFM, Ramirez & Co. and other advisory firms are adding to rosters of municipal finance experts as the tax exemption hangs in the balance.

With questions and analysis still swirling around a deadly crash at Ronald Reagan Washington National Airport, concerns arise about enplanement levels, traffic patterns, and credit ratings affecting the region's major airports.

In 2017, Congress moved from budget resolution to reconciliation legislation in less than six weeks.

Sweetwater Union High's rocket-fast transformation from an accounting practices bad apple to ratings upgrades and positive outlooks is expected to boost its bond program.