Municipal Bond Credit Report: House Democrats Close In on New Stimulus Proposal
Municipal Bond Credit Report: House Democrats are putting the finishing touches on their next legislative response to the coronavirus pandemic, a package that will propose another massive round of aid…
Municipal Bond Credit Report: Law Firms Gear Up for Expected Jump in Bankruptcies Triggered by Coronavirus
Municipal Bond Credit Report: The nation’s bankruptcy industry is bracing for a wave of business collapses triggered by the coronavirus pandemic as its ranks have been thinned by a decade…
Municipal Bond Credit Report: Fed’s Evans Hopeful for Second-Half Recovery, but Says a Lot Needs to Go Right
Municipal Bond Credit Report: Chicago Fed leader says rebound will depend on ‘the extent that policy makers, federal, state, local, are all better aligned on maintaining their own activities’.. Link…
Municipal Bond Credit Report: Report shows continued deterioration of Chicago-area local pensions
Municipal Bond Credit Report: Weak investment returns, assumption changes, and low contributions combined to drive up the cumulative tab of unfunded liabilities for 11 Chicago-area local government pension funds in…
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…
