Posts Tagged Government finance

Brazil unveils $11 billion in ‘legacy’ budget

RIO DE JANEIRO (AP) — Brazilian government officials announced Wednesday that almost $11 billion (24.1 billion Brazilian reals) will be spent on major transportation and environmental projects, which they argue are not related to holding the 2016 Rio de Janeiro Olympics.

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Rupp Arena financing plan still in limbo

FRANKFORT, Ky. (AP) — The clock finally ran out on a proposal to insert state-supported bonding into the financing packaging to renovate Rupp Arena.

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Congress is giving states the transportation blues

This photo taken April 14, 2014 shows Transportation Secretary Anthony Foxx speaking to the media and local government officials  about federal transportation funding at the Montgomery County Commissioner's office in Dayton, Ohio. On the road in a tour bus this week, Foxx is urging Congress to quickly approve legislation to pay for highway and transit programs amid warnings that the U.S. government’s Highway Trust Fund is nearly broke. If allowed to run dry, that could threaten to set back or shut down projects across the country, force widespread layoffs of construction workers and delay needed repairs and improvements.  (AP Photo/Skip Peterson)

DAYTON, Ohio (AP) — On the road in a tour bus this week, the U.S. transportation secretary is spreading some bad news: The government’s Highway Trust Fund is nearly broke. If allowed to run dry, that could set back or shut down projects across the country, force widespread layoffs of construction workers and delay needed repairs and improvements.

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5 Things to Know about Tax Day

FILE -This April 13, 2014 file photo shows the headquarters of the Internal Revenue Service (IRS) in Washington. Tuesday, April 15, is the federal tax filing deadline for most Americans. (AP Photo/J. David Ake, File)

The deadline for filing taxes is midnight Tuesday. Here are five things to consider as the deadline nears.

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People with old Social Security debts get reprieve

In this May 31, 2013, file photo, acting Social Security Commissioner Carolyn W. Colvin, center, accompanied by Acting Labor Secretary Seth D. Harris, left, and Treasury Secretary Jacob Lew, speaks during a news conference about Social Security and Medicare in Washington. The Social Security Administration is suspending a program in which thousands of people were having their tax refunds seized to recoup overpayments that happened more than a decade ago. Colvin said Monday, April 14, 2014, she has directed an immediate halt to the program while the agency does a review. (AP Photo/Charles Dharapak, File)

WASHINGTON (AP) — People with old Social Security debts are getting a reprieve — for now.

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