NEW YORK -- As cities and states struggle with historic budget shortfalls, governments have put one item squarely in the cross-hairs: their debt. R...

Even as widening state budget deficits are becoming a potential stumbling block for economic recovery, Federal assistance seems unlikely. With Washin...

Local and state finances receive very little national attention. Across the most recent economic crisis, local government finances have taken an epic battering. How bad is it? Bad.

CHICAGO: - A dispute between Democrats and Republicans over the continuation of the Build America Bond program and a sharp drop in Treasury prices sla...

Build America Bonds have provided crucial support for state and local governments at a time when they faced unprecedented stress raising funds. And, that's right, BABs were structured as a tax program.

Some recent press coverage has provided a misleading picture about a successful Recovery Act program, Build America Bonds (BABs). Let's set the record straight.

March 10 (Bloomberg) -- Goldman Sachs Group Inc., the most profitable securities firm in Wall Street history, has made $55.7 million from the sale of ...

Wall Street firms have received fees exceeding $1 billion in less than a year selling "Build America Bonds" meant to spur jobs in struggling cities, o...

Sen. Chuck Grassley (D-Iowa) is concerned that Goldman Sachs will collect sizable fees from its role as an underwriter of the 'Build America' bonds th...