Colorado Loses $115 Million Out Of Transportation Budget Due To Congressional Technicality

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First Posted: 10- 2-09 12:34 AM   |   Updated: 10- 2-09 01:26 PM

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Denver Business Journal:

Colorado highway officials woke up Thursday with $114.7 million less in federal dollars to spend.

Across the nation, state highway officials had $8.7 billion less in federal dollars to spend Thursday, because Congress did not act by midnight Wednesday to eliminate a provision in a six-year national highway funding bill that orders a "rescission" of the money.

Read the whole story: Denver Business Journal

Colorado highway officials woke up Thursday with $114.7 million less in federal dollars to spend. Across the nation, state highway officials had $8.7 billion less in federal dollars to spend Thursd...
Colorado highway officials woke up Thursday with $114.7 million less in federal dollars to spend. Across the nation, state highway officials had $8.7 billion less in federal dollars to spend Thursd...
Filed by Ethan Axelrod  |  Report Corrections
 
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