Baseball for the Thinking Fan

Login | Register | Feedback

btf_logo

News

All News | Prime News

Old-School Newsstand


Contributors

Jim Furtado
Founder & Publisher
Repoz
Editor - Baseball Primer

Syndicate

Congress Newsbeat

Thursday, November 02, 2017

Bloomberg: Republicans Push to End Muni Bond Sales by Businesses, Stadiums

Neil deMause, to the courtesy phone…

Congressional Republicans proposed barring the sale of municipal bonds for professional sports stadiums and privately run infrastructure projects such as toll roads and airports, a step that’s at odds with President Donald Trump’s push to increase funding for public works.

The tax-cutting bill released Thursday would also eliminate advanced refundings of debt issues, a popular refinancing technique with state and local governments, as well as bonds backed by federal tax credits. If enacted, the proposals would cut the amount of municipal debt sold each year by billions of dollars and potentially boost demand for the bonds.

“If you reduce the supply of municipal securities that would make them generally more valuable,” said Rob Amodeo, head of municipal debt for Western Asset Management. “But if you look at the idea that munis are going to act as a cornerstone for financing U.S. infrastructure, some of the provisions in this tax plan may challenge that a bit.”

The rollback to so-called private-activity bonds would increase costs for companies that finance public works by borrowing billions each year in the municipal securities market, where interest rates are lower. Ending the program would would increase revenue by about $39 billion through 2027, according to Congressional estimates.

Renegade (((JE))) Posted: November 02, 2017 at 03:34 PM | 2 comment(s)
  Beats: congress, donald trump, republicans, stadium financing, stadiums, taxpayers

Monday, June 19, 2017

OTP 19 June 2017: Bipartisan baseball: Dems best GOP, give trophy to wounded Scalise

The game at Nationals Park carried on a century-old bipartisan ritual, this one tinged with worry about Louisiana Rep. Steve Scalise and their determination to answer the attack by coming together in sport. Democrats won in an 11-2 blowout.

In a final flourish of bipartisan camaraderie for the night, Democratic Rep. Mike Doyle of Pennsylvania, his team’s manager, accepted the trophy, then gave it to his GOP counterpart, Rep. Joe Barton of Texas, to put in Scalise’s office on behalf of the Democrats. After accepting it gracefully, Barton cracked, “Next year we won’t be so nice.”


(As always, views expressed in the article lede and comments are the views of the individual commenters and the submitter of the article and do not represent the views of Baseball Think Factory or its owner.)

Mellow Mouse, Benevolent Space Tyrant Posted: June 19, 2017 at 07:20 AM | 1275 comment(s)
  Beats: baseball, ffs, congress, politics

 

 

News

All News | Prime News

Old-School Newsstand


BBTF Partner

Support BBTF

donate

Thanks to
Sebastian
for his generous support.

Bookmarks

You must be logged in to view your Bookmarks.

Hot Topics

NewsblogOT - November* 2017 College Football thread
(215 - 6:31pm, Nov 24)
Last: Pasta-diving Jeter (jmac66)

NewsblogOrtiz: Plea to consider 'character' alters Hall of Fame vote | Jose de Jesus Ortiz | stltoday.com
(30 - 6:30pm, Nov 24)
Last: JJ1986

NewsblogRyan Thibs has his HOF Ballot Tracker Up and Running!
(63 - 5:39pm, Nov 24)
Last: cercopithecus aethiops

NewsblogOTP 20 November 2017: Sheriff’s official suspended 10 days over Cubs World Series sneak-in
(879 - 5:07pm, Nov 24)
Last: PreservedFish

NewsblogOT - 2017 NFL thread
(182 - 4:56pm, Nov 24)
Last: ERROR---Jolly Old St. Nick

NewsblogPrimer Dugout (and link of the day) 11-24-2017
(11 - 4:37pm, Nov 24)
Last: RJ in TO

NewsblogHall makes room for an "idiot" on the ballot
(30 - 4:19pm, Nov 24)
Last: Adam Starblind

NewsblogMLB Sets Record For Revenues In 2017, Increasing More Than $500 Million Since 2015
(2 - 4:11pm, Nov 24)
Last: You Know Nothing JT Snow (YR)

NewsblogJoe Morgan Wants To Keep Steroid Cheats Out Of Baseball Hall Of Fame | MLB | NESN.com
(191 - 3:46pm, Nov 24)
Last: Rickey! the first of his name

NewsblogOT - NBA 2017-2018 Tip-off Thread
(1518 - 3:07pm, Nov 24)
Last: don't ask 57i66135; he wants to hang them all

NewsblogFavorite Thanksgiving recipes from MLB | MLB.com
(8 - 2:12pm, Nov 24)
Last: simpleton & childlike gef the talking mongoose

NewsblogWho, me?! Why your team's next closer will probably be a total surprise -- even to him
(5 - 1:21pm, Nov 24)
Last: PreservedFish

NewsblogA Discussion of WAR Wherein I Ardently Attempt to Avoid any WAR-Related Puns | Sports-Reference.com
(62 - 10:30am, Nov 24)
Last: Dr. Chaleeko

NewsblogChambliss Ready to Part With Bat and Ball That Sent Yankees to World Series
(36 - 8:50am, Nov 24)
Last: ERROR---Jolly Old St. Nick

Gonfalon CubsLooking to next year
(204 - 7:01pm, Nov 23)
Last: Meatwad in mourning

Page rendered in 1.2946 seconds
50 querie(s) executed