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The bulging surpluses are a result of $5 trillion in economic stimulus from the federal government including American Rescue Plan Act (ARPA) funds which boosted economic activity and tax revenues.
August 11 -
The $2.2 billion will be divided evenly between urban and rural communities, with 75% going to projects in poor or disadvantaged areas.
August 11 -
States and localities are in line for clean energy funding, some of which builds on grant programs in the bipartisan infrastructure law.
August 8 -
Issuers praised the bill's climate provisions while muni market participants said it's unlikely to significantly hurt demand for tax-exempt paper.
August 5 -
A group of 20 muni bond investment firms have asked U.S. cities to disclose their environmental-related needs and risks, including infrastructure projects, to CDP, a global disclosure firm.
July 29 -
Sens. Manchin and Schumer's long-elusive deal on a energy, climate and tax bill includes no muni-friendly items or SALT reform.
July 28 -
The Democrats' reconciliation bill has been whittled down to a pair of health care provisions, including one that carries implications for nonprofit hospital credit quality.
July 26 -
“We have to be able to build things better and faster in this country and you don’t have to be a Democrat or a Republican to agree with that."
July 21 -
Phil Washington would bring an issuer's perspective to the top FAA spot.
July 7 -
The Supreme Court’s ruling stripped the EPA of its ability to regulate greenhouse gas emissions, but analysts say utilities are unlikely to feel immediate credit impacts; in some cases, it may ease credit pressures.
July 5