Politics
Colorado could lose $2B from federal fiscal cliff
Posted: Nov 30, 2012 6:23 AM by Garrett Boyd
DENVER (AP) - Colorado could lose $2 billion in revenue and federal funds if Congress cannot agree on budget cuts by the end of this year.
If Republicans and Democrats cannot reach a compromise, automatic budget cuts could hurt Colorado defense contractors, elderly-community centers, local governments and education programs.
According to the Denver Post, the estimates come from business groups, defense contractors and the Colorado governor's office.
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