MuniLand Snaps: March 19, 2012

March 19, 2012

A sad view of Harrrisburg, Pennsylvania, via the Reason Foundation.

Good Links

Governing: U.S. releases final rule on the expansion of Medicaid under the Affordable Care Act

Bloomberg: U.S. states reduce taxes for the first time in 10 years, survey says

Reuters: “City negotiators will surely hold the bankruptcy gun to stakeholders’ heads”

Bond Buyer: Banks compete to give direct loans to municipal issuers

Bloomberg: It might be early to call the bottom for muniland, but here is Bloomberg’s view

Barron’s: Muni bond fund manager talks his book

Plain Dealer: Gov. Kasich: Make sure Ohioans benefit from oil and gas tax dollars

NRDC Switchboard: Green, supportive housing for veterans should become a national model

Brandeis University:  2012 Municipal Finance Conference

@Twitter Talk

Insane FactsInsane Facts  @lnsaneFacts Sociologists have found the worse the economy, the longer the women’s skirts are and the better economy, the shorter the skirt.
Jen DePaulJen DePaul  @BondBuyerJen New CBO estimate: President Obama’s 2013 budget proposal would add $3.5T to the deficit through 2022.
NCSLNCSL @NCSLorg States allow tax cuts to expire. NCSL press release regarding new State Tax Actions report.
Rochester Funds Rochester Funds  @RochesterFunds Pension overhaul expected to save New York State taxpayers $80 billion over the next 30 years.
Andrew HoferAndrew Hofer @aphofer NYTimes: Untouchable Pensions May Be Tested in California. Typical CA: encode your fantasies in the law.
Morally BankruptMorally Bankrupt  @groditi not ready to sell tax-free munis yet, but would like to switch to taxable BABs & maybe buy 10s on further weakness to up carry & rate risk

Tom KozlikTom Kozlik @tomkozlik “Municipalities are borrowing more money directly from banks that are competing to offer favorable rates and terms”

Capital TonightCapital Tonight @CapitalTonight Long: 1st job was shoveling horse manure out of stables for $4 an hour….something tells me that “might come in handy these days” in DC.
ICMAICMA @LocalManagers An example agreement between municipalities sharing vehicles and equipment
The Atlantic CitiesThe Atlantic Cities @AtlanticCities Nerd out with our visual tour of streetcar design from around the world

John BevacquaJohn Bevacqua @NestedInterest Shifting your retirement portfolio into bond funds? You may want to rethink that.

danvock danvock @danvock An app that includes Stateline news! MT @openstates: We now support all 50 states and have a new iOS app:

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