Tag: Municipal Bond Credit
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Municipal Bond Credit Report: No rating red flags stand out in Illinois’ proposed budget
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The prospects for new federal aid and a proposed budget that avoids negative rating triggers should preserve Illinois’ investment-grade status, but neither moves the needle on the structural and pension albatrosses… Link to Story
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Municipal Bond Credit Report: Inflation Problems Depend on Where You Look for Them
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Federal Reserve predicates its easy money policies in part on the fact that its favorite measure of inflation has run more than a half percentage point below its goal for several years… Link to Story
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Municipal Bond Credit Report: Why a troubled levee district’s bond ratings are underwater
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Rising default risks because of a Missouri levee district’s legal battle with some of its top taxpayers and the possibility of more challenges drove Fitch Ratings to sink its already low rating to CCC… Link to Story
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Municipal Bond Credit Report: West Virginia governor wants to ax state income tax
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Gov. Jim Justice’s push to eliminate the West Virginia state income tax would eliminate nearly half of the state’s general fund revenue… Link to Story
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Municipal Bond Credit Report: Connecticut looks to pad coffers with legalized marijuana, sports betting
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Connecticut has become the latest state to consider legalized marijuana and sports betting… Link to Story
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Municipal Bond Credit Report: Midwest state budgets take shape with eye to pandemic recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Midwest budgets are taking shape as revenue stress from the COVID-19 pandemic eases, even before potential federal relief is counted… Link to Story
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Municipal Bond Credit Report: U.S. Retail Sales Rose Strongly on Stimulus in January
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. shoppers boosted spending by 5.3% in January, the first monthly increase in four months, buoyed by stimulus payments that many households received in the most recent virus-relief package… Link to Story
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Municipal Bond Credit Report: Texas Livestock Industry Reels From Storm, Outages
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Bitter cold and power outages have created a crisis for some Texan farms and ranches, leaving livestock dead from exposure and raising fears that herds could run short of food and water… Link to Story
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Municipal Bond Credit Report: State conduit plans notes for schools facing California budget deferrals
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The California School Finance Authority plans to price $1.4 billion in short-term notes to help public schools and community colleges bridge state aid shortfalls… Link to Story
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Municipal Bond Credit Report: Illinois governor won’t seek tax hike as deficit shrinks
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Illinois Gov. J.B. Pritzker won’t ask lawmakers to approve a major tax hike to help close the now $3 billion projected gap in the fiscal 2022 budget he unveils next week… Link to Story