Tag: Municipal Bond Credit
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Municipal Bond Credit Report: Trinity Health dumps unwanted Chicago hospital into Chapter 11
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Michigan-based Trinity Health’s efforts to shed a fiscally struggling Chicago hospital resulted in a Chapter 11 filing for the hospital Wednesday… Link to Story
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Municipal Bond Credit Report: Cash-in-Pockets Emerges as New Democratic Approach to Federal Aid in Coronavirus Bill
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Congressional Democrats are using coronavirus relief legislation to advance a vision of federal aid to households that is focused on cash assistance with few restrictions, moving away from the work requirements and minimum-income thresholds that have been cornerstones of federal policies for decades… Link to Story
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Municipal Bond Credit Report: San Diego’s budget challenge: tourism down and pension costs up
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: San Diego City Council members are weighing budget cuts and the possibility of spending down reserves in the face of a big revenue miss in the current-year budget and ballooning pension costs in the next… Link to Story
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Municipal Bond Credit Report: How big transit projects fit in New York City’s recovery
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The opening of the Moynihan Train Hall at Penn Station, a planned Port Authority Bus Terminal replacement eight blocks north, and other looming megaprojects have sparked a renewed optimism about New York transportation… Link to Story
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Municipal Bond Credit Report: U.S. Employers Added 49,000 Jobs in January
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: U.S. employers resumed hiring in January, but the weak pace of job gains suggested a long road remains for the recovery… Link to Story
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Municipal Bond Credit Report: Covid-19’s Hit to State and Local Revenues Is Smaller Than Many Feared
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: State and local governments in early 2020 expected the pandemic-induced downturn to decimate their budgets, as millions of business closures and layoffs wiped out tax revenue… Link to Story
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Municipal Bond Credit Report: Texas sales taxes recover, but deep holes remain in some revenues
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: Texas sales tax revenue topped $3 billion in January but fell just shy of the total collected one year earlier… Link to Story
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Municipal Bond Credit Report: Massachusetts sees wealth exodus
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: As Massachusetts lawmakers weigh Gov. Charlie Baker’s $45.6 billion budget proposal, a study shows significant wealth migration to Florida and New Hampshire… Link to Story
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Municipal Bond Credit Report: U.S. Still Faces Uncertain Borrowing Needs Due to Covid-19, Treasury Says
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The Treasury Department on Wednesday announced few changes to its regular debt issuance schedule for the current quarter, while emphasizing the government continues to face uncertain and sizable borrowing needs due to the coronavirus pandemic… Link to Story
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Municipal Bond Credit Report: U.S. Economy Shrank in 2020 Despite Fourth-Quarter Growth
Categories: Municipal Bond Credit ReportMunicipal Bond Credit Report: The U.S. economy shrank in 2020 for the first time since the financial crisis, but grew rapidly in the fourth quarter and is forecast to continue recovering following its worst year since the 1940s… Link to Story