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Using dynamic scoring, the Joint Committee on Taxation has estimated that legislation to extend tax provisions, including several related to bonds and Puerto Rico, would result in only $86.56 billion of revenue losses, compared to its earlier estimated $96.95 billion.
August 6 -
Sen. Tom Carper, D-Del., wants to almost double current federal gasoline and diesel taxes to raise more revenue for highway funding.
August 6 -
The Senate Appropriations Committee's fiscal 2016 financial services bill would significantly underfund the Securities and Exchange Commission and undermine the Internal Revenue Service's ability to carry out basic functions, Office of Management and Budget director Shaun Donovan warned committee leaders in a letter this week.
August 6 -
The Treasury Department and Internal Revenue Service have included two new bond-related projects on their priority guidance plan for 2015-2016.
August 5 -
Trading activity in the municipal market for the second quarter of this year was 14% higher than the previous quarter as well as the second quarter last year, with several Puerto Rico bonds among the most traded, according to the Municipal Securities Rulemaking Board.
August 5 -
The North Carolina House puts a proposed $1.7 billion road infrastructure plan on fast track.
August 5 -
Higher than expected revenues gives Missouri the needed matching funds for federal road dollars in 2017.
August 4 -
Nat Singer, senior managing director at Swap Financial Group, will become the new chair of the Municipal Securities Rulemaking Board on Oct. 1.
August 4 - Washington
Public Utility District #1 of Klickitat County, Wash. is going to sell $79 million of revenue and refunding bonds for its electrical infrastructure.
August 3 -
President Obama signed Congress's latest transportation funding extension while criticizing lawmakers for the short-term HTF fix.
August 3