U.S. Public Finance
Today’s municipal market is increasingly complex and challenging. We understand that to make decisions with confidence, you want new insights about credit risk. Whether you are an issuer, intermediary or investor, you need information about this risk that’s based on in-depth market knowledge, forward-looking analyses and transparent criteria. And that’s where our insight is essential.
Under The Knife: U.S. States Prepare For Federal Medicaid Cuts As H.R. 1 Leaves Less Operating Room
S&P Global Ratings believes the federal‑state Medicaid funding partnership has reached an inflection point, following the enactment of H.R. 1, as the federal government shifts greater financial risk and cost variability onto states.
According to the Congressional Budget Office (CBO), net spending reductions are estimated to total approximately $900 billion between 2025 and 2034. The evolving Medicaid policy landscape has uneven credit implications across the state sector as it moves from a program with a historically predictable federal-state relationship to one with a source of state budgetary uncertainty.
U.S. Transportation Infrastructure Port Update: Navigating The Geopolitical And Trade Policy Crosscurrents
In 2026, U.S. maritime ports have transitioned from stable utility-like infrastructure to frontline actors in a fractured global economy.
As supply chains decouple and "friend-shoring" becomes the standard, port activity levels are now deeply intertwined with geopolitical maneuvers. Assessing a port's viability and creditworthiness no longer stops at physical capacity; it requires a deeper understanding of trade policy shifts, international security corridors, and the legal agility of port operators to navigate a hyper-regulated sanctions environment.
Featured Products
Latest Research & Insights
Talk to an Expert
Learn more about U.S. Public Finance
Please fill out the form so we can connect you to the right person.