Municipal Bonds
Las Vegas Airport Borrowing for Terminal for Second Time in Four Weeks Nevada’s Clark County, operator of
the seventh-busiest U.S. airport by passenger traffic, is back
in the municipal bond market for the second time in four weeks
to help finance a $2.4 billion new terminal project.
Rendell Proposes $29 Billion Pennsylvania Budget, Expanding Sales Tax Pennsylvania Governor Edward Rendell,
serving his final year as governor of the U.S.’s sixth most-
populous state, presented a $29 billion budget and proposed an
overhaul of state sales and business taxes because of the
expected loss of federal stimulus aid.
Treasuries Tumble on Prospect European Union Will Provide Help to Greece Treasuries tumbled, pushing yields on
10-year notes up the most this year as European officials said
they were considering financial assistance for Greece in return
for progress by the country in reducing its budget deficit.
N.J. Governor Christie Said to Plan Freezing Some Unspent School Funding New Jersey Governor Chris Christie
will announce plans to freeze part of $3.5 billion in unspent
aid to public schools to help close a $2 billion hole in the
state’s budget, according to two people who have spoken with
administration officials about the proposal.
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