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Clinton Raises $10 Billion for Construction Projects

from Denver Business Journal

Speaking at the Clinton Global Initiative in Denver, former President Bill Clinton announced that five union presidents and trustees of major pension funds have pledged to invest $10.2 billion in construction projects nationwide. The California State Teachers' Retirement System led the charge with $2.85 billion, followed by the California Public Employees' Retirement System with $2.8 billion. About 10 percent of the money has been allocated to projects creating more than 35,500 jobs, Clinton said. The money will also help train more than 900,000 people. more

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