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