MuniLand Snaps: March 13, 2012

March 13, 2012

From the Tax Foundation, this map on state gasoline tax rates speaks for itself.

Good Links

Federal Reserve Bank of Boston: Sharing the abundance

Mainliner Blog: S&P: State and local muni credit quality remained resilient

Governing: Are local government cuts nearing an end?

Bloomberg: U.S. local-government debt declines for first time since 1996, Fed reports

Sacramento Bee: Dan Walters: Two tales of pension accounting

LAT: LA Mayor Villaraigosa once again jumps on the third rail of California politics: Prop 13

Bond Buyer: Out on Long Island, another crisis

Fortune: Contributing editor defends “she who cannot be named”

NYSE: NYSE Euronext and Bloomberg team up for order management system for fixed income clients

@Twitter Talk

zerohedge @zerohedge zerohedge  Today the CBO will release its revised Budget forecast. Budget deficit expected to hit $1.2 trillion from $1.08 trillion before.

Michael Cooper @coopnytimes Michael Cooper    Government employment, which lost an average of 22,000 jobs a month in 2011, was essentially unchanged:…

Bob Nelson @BNels22 Bob Nelson   Tough criticism of California in today’s WSJ

NLC @leagueofcities NLC    Today we launched a 7-part series looking @ common themes in “State of the Cities” address of mayors

Paul Greaves @greavespg Paul Greaves   Let’s keep this simple. If you predict hundreds of billions in defaults and there are less than $3bn, you were wrong

Municipal Bonds @munibonds Municipal Bonds     MSRB Notice on Bondholder Consents Criticized
No comments so far

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see