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Federal Funds to Help Cover IMF Summit Costs

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From Times Wire Reports

The federal government agreed to pay $16 million of the $30 million that the District of Columbia expects to spend on security for next month’s World Bank and International Monetary Fund meetings.

The money will help pay for out-of-town police officers and the protective gear and medical supplies they may need.

The district will pay $12.6 million for overtime for its own police officers, firefighters, emergency service workers and the public works crews that will have to clean up after the meetings.

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Police say there could be more than 100,000 protesters in the nation’s capital for the Sept. 29-30 meetings. Protests in Genoa, Italy, last month turned violent during a summit of the world’s industrial powers.

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