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Municipal Bond Credit Report: State and local governments are warning of a wave of layoffs and pay cuts after getting left out of the federal coronavirus relief package expected to…

Municipal Bond Credit Report: Senate Majority Leader Mitch McConnell said Wednesday he favors allowing states struggling with high public employee pension costs amid the burdens of the pandemic response to…

Municipal Bond Credit Report: Over the weekend, we reported that in its quest to bailout the richest Americans and the country’s financial system, the Fed unleashed an unprecedented array of…

Municipal Bond Credit Report: The Illinois Regional Transportation Authority plans to raise its short-term borrowing to help manage liquidity as the agency awaits federal help that should offset an expected…

Municipal Bond Credit Report: New Jersey Gov. Phil Murphy wants to take advantage of the Fed’s new powers to purchase municipal debt… Link to Story

Municipal Bond Credit Report: The governors of Michigan, Pennsylvania, and Wisconsin warned of $14 billion in collective tax losses due to the COVID-19 economic shutdown in a letter Thursday pressing…

Municipal Bond Credit Report: With its independence from state oversight at stake, Detroit Mayor Mike Duggan is proposing to manage a $348 million COVID-19-driven revenue hit by dipping into reserves…

Municipal Bond Credit Report: It took only four weeks for the U.S. economy to wipe out nearly all the job gains in the last 11 years… Link to Story

Municipal Bond Credit Report: A record 22 million Americans have sought unemployment benefits over the past month, with millions more filing claims last week, underscoring the deepening economic slump caused…

Municipal Bond Credit Report: The major banks in the U.S. are anticipating a flood of loan defaults as households and business customers take a big financial hit from the coronavirus…

Municipal Bond Credit Report: Consumer and manufacturing reports for March showed the hit to the economy from the coronavirus was even swifter and deeper in the early weeks of the…

Municipal Bond Credit Report: Declining volume across the Port Authority of New York and New Jersey’s transportation assets brought the bi-state agency a negative rating outlook… Link to Story