News Tagged With: government-shutdown
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October 3, 2013

No NTSB investigators for Tenn. bus crash due to shutdown

The collision resulted in eight fatalities and injured 14. The bus was carrying 18 people, including the driver, when it overturned at about 2 p.m. while on the way to a gospel music gathering in Gatlinburg, Tenn.


October 1, 2013

Shutdown may imperil bonds backed by fed transit aid

Bloomberg data shows that at least $10 billion of Grant Anticipation Revenue Vehicles sold by states or transit systems and backed by federal highway or transportation aid are outstanding in the $3.7 trillion muni market. While federal funds will continue to pay debt on the highway bonds, appropriations for the securities through the FTA would be affected by the shutdown.


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