Municipal Markets

Expert Sees Weaknesses in Detroit Government

July 23, 2014

The bankruptcy court’s chosen expert on the feasibility of Detroit’s debt-adjustment plan spotted several weaknesses in city government that she said need to be improved to ensure there’s no second default. Martha Kopacz, a senior managing partner at Phoenix Management Services LLC, filed a report with the court on July 18 concluding that Detroit “will

Brownback Tax Cuts That Ravaged Surplus Hinder Re-Election Bid

July 16, 2014

Republican Governor Sam Brownback got the personal and corporate income-tax cuts he demanded to stimulate the Kansas economy. Now he and his state have to live with them. A policy that he promised would create an economic juggernaut produced a sinkhole.A projected $27 million surplus in fiscal 2015 is all that remains of $700

California Warns Against Water Cuts Threatening Power Supply

July 2, 2014

California needs to ensure that power plants are getting enough water amid the worst drought in a century to avoid grid failures. The California Energy Commission, the state Public Utilities Commission and grid operator California Independent System Operator Corp. said in a joint letter that water curtailments that cut the

Shootings and Health Spending

June 11, 2014

June 11 (Bloomberg) — Taylor Riggs from Bloomberg Brief discusses today’s Bloomberg BRIEF on the municipal market. Click here to listen. You can read Taylor’s analysis and other news, market data and expert commentary from the world’s most trusted economists and analysts in the Bloomberg BRIEF digital newsletters. Subscribe or