Municipal Bond Credit Report: Deficit woes could cost New Jersey City University investment-grade rating
Municipal Bond Credit Report: Mounting deficits following an aggressive capital spending campaign drove New Jersey City University to the edge of junk status ahead of a $52 million revenue refunding…
Municipal Bond Credit Report: US Treasury seeks to borrow a record $3 trillion this quarter
Municipal Bond Credit Report: Massive stimulus to support the U.S. economy through the coronavirus crisis will cause the Treasury to borrow a record $3 trillion this quarter… Link to Story
Municipal Bond Credit Report: California Is First State to Borrow From Federal Government to Make Unemployment Payments
Municipal Bond Credit Report: California has become the first state to borrow money from the federal government so it can continue paying out rising claims for unemployment benefits during the…
Municipal Bond Credit Report: Grading the State Virus Response
Municipal Bond Credit Report: The government response to the coronavirus has been a tale of 50 states as much as Washington, but most media attention focuses on the White House.…
Municipal Bond Credit Report: Triple dose of bad news for some Chicagoland bond issuers
Municipal Bond Credit Report: Chicago’s motor fuel bonds, the city’s park district, and Cook County suffered rating or outlook blows this week due to the strains posed by the COVID-19…
Municipal Bond Credit Report: Counties could get a separate piece of $1 trillion in federal aid
Municipal Bond Credit Report: Congressional Democrats are negotiating with Republicans for up to $1 trillion in state, county and local government aid in a CARES Act 2 bill that would…
Municipal Bond Credit Report: April Jobs Report Likely to Show Highest Unemployment Rate on Record
Municipal Bond Credit Report: April’s employment report, to be released Friday, will almost certainly show that the coronavirus pandemic inflicted the largest one-month blow to the U.S. labor market on…
Municipal Bond Credit Report: Liability Shield Is Next Coronavirus Aid Battle
Municipal Bond Credit Report: Senate Republicans’ efforts to shield companies from liability during the coronavirus pandemic sets the stage for a showdown with Democrats, as allies of businesses and labor…
Municipal Bond Credit Report: Illinois CAFR shines light on state’s severe fiscal ills
Municipal Bond Credit Report: Illinois headed into the COVID-19 pandemic in weaker overall fiscal shape than the previous year as tax revenue fell short of offsetting the state’s obligations… Link…
Municipal Bond Credit Report: How coronavirus crisis exposes tech and data gaps
Municipal Bond Credit Report: As COVID-19 batters cities, an overhanging question in public finance is whether the crisis can elicit more efficient governing post-pandemic… Link to Story
