MuniLand Snaps: February 14, 2012
“Providence is in peril: That’s how Mayor Taveras opened his State of the City speech [Monday], the mayor dropping a bombshell that he’ll suspend all COLAs for all retirees, whether he has approval from the state or not.” Source: www.abc6.com
NYT: Best ever infographic of a proposed federal budget
Reuters: Obama seeks to cut municipal bond tax breaks
On Wall Street: Market thinks President Obama’s budget has no chance of passing
Bloomberg: Federal government has trouble figuring out how much it spends
Detroit News: Could the Institute of Art sell off some paintings to help the near-bankrupt city?
Investment News: An “Arab spring” for the MSRB?
Bond Buyer: 2011 muniland in statistics
Innovation Trail: Do industrial development agencies really create jobs?
Morning Times: Dissent on Pennsylvania’s “impact fee” from one of the state’s most productive fracking counties
Pittsburgh Post-Gazette: Regulating shale operations: Public Utility Commission would get new role
Transportation Nation: New York and New Jersey Port Authority push back on scathing audit