Muni Bond ETFs Rise on State Fiscal Outlook, Europe Woes
May 14, 2012 at 09:45 AM EDT
California’s higher-than-expected budget deficit of $16 billion is a reminder of the fiscal difficulties many states are facing after the 2008 financial meltdown. Governor Jerry Brown said the shortfall grew from $9.2 billion in January in part because tax collections have not come in as high as...