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Federal Appropriations Process
A quick primer to help bond lawyers better understand the federal appropriations process and its connection to municipal bond offerings.

FY2024 Appropriations
We are tracking the status of FY2024 appropriations, where things stand, and what it all means for bond lawyers.

While We Were Out
We took a break from the Wrap while Congress adjourned for August recess, but this month was nonetheless a busy one. Catch up quickly on updates from while we were…

Amicus Brief IMPA v. US (Cert)
A joint amicus brief submitted by NABL and several other municipal market groups in support of a petition for a writ of certiorari in the Indiana Municipal Power Agency v.…

Understanding the Debt Ceiling
What are the debt ceiling and federal downgrades, and what do they mean for municipal bonds.

ESG Month in Washington
House Republicans have launched a month-long focus on Environmental, Social, and Governance (ESG) factors in financial markets. Here’s what we know.

Debt Deal Done; What’s Next?
A look at Congress’ long to-do list heading into a busy second half of 2023.

Requests for 2023-2024 IRS Priority Guidance Plan
Requested items for inclusion on the Internal Revenue Service’s (IRS) 2023-2024 Priority Guidance Plan.

Tracking the Debt Deal
Here’s what we know on the Biden/McCarthy deal to suspend the debt ceiling for two years.

Continuing Resolution (CR)
Short-term spending bill that typically and for the most part maintains expenditures at the prior fiscal year’s levels.

NABL Goes to Washington
A recap of the Board of Director’s advocacy meetings in Washington, D.C. on May 17 – 19.

Will Higher Interest Rates Take Us Back to The Future?
The financial landscape is rapidly evolving, and the recent uptick in inflation and interest rates is set to bring about a new era of borrowing and investing. As a bond…