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• Coffman proposes $100 billion in defense cuts

  September 23, 2011 1:43 PM

  Colorado Congressman Mike Coffman has submitted a plan to trim $103 billion dollars in defense spending over the next decade to the Joint Select Committee on Deficit Reduction. The plan achieves most of the cost savings, around $90 billion, by reducing 100,000 active duty positions and increasing the number of... more »

• Candidates line up for tough job - Denver mayor

  April 10, 2011 11:18 AM

  DENVER (AP) - Ten candidates are running to be Denver's next mayor to deal with a $100 million budget deficit, an over-budget mass transportation project, and a police department under scrutiny. The long list of candidates makes it almost certain that there will be a runoff between the top... more »

• White House: President Obama to lay out spending plan

  April 10, 2011 9:51 AM

  WASHINGTON (AP) - A top White House political and economic adviser says President Obama will lay out new plans this week to reduce the federal deficit. Obama adviser David Plouffe, speaking Sunday on NBC's "Meet the Press," says Obama plans to offer ideas for what Plouffe calls "long-term deficit... more »

• Government to report on $1 trillion-plus deficit

  October 15, 2010 8:10 AM

  Another $1 trillion budget deficit could give administration critics more to talk about just ahead of the November midterm election. The Obama administration is set to report Friday that the federal budget deficit exceeded $1 trillion for the second straight year. The Congressional Budget Office is projecting that... more »

• 2010 budget red ink: $1.3 trillion

  August 19, 2010 10:32 AM

  Congress' budget analysts are estimating that this year's federal deficit will exceed $1.3 trillion, slightly below last year's total but still a huge ocean of red ink. The nonpartisan Congressional Budget Office said the enormous shortfall is a result of the still struggling economy, which has meant lower federal... more »

• Colorado faces more red ink

  June 21, 2010 1:08 PM

  Colorado Gov. Bill Ritter is going to be getting out the budget ax. State budget forecasters told lawmakers on Monday that there are insufficient funds to pay the bills for this fiscal year and the new fiscal year beginning July 1. According to the governor's budget office, Colorado will... more »

• US budget deficit this year: $1 trillion

  June 10, 2010 2:10 PM

  The budget deficit through the first eight months of the government's budget year is running slightly below last year's record-setting pace. Still, the country on track to record another $1 trillion-plus deficit. In its monthly budget report, the Treasury Department said that the deficit in May totaled $135.9 billion,... more »

• California Assembly wants to review sale of buildings

  June 3, 2010 7:03 PM

  The California State Assembly has passed a bill requiring legislative approval before Gov. Arnold Schwarzenegger can sell two dozen state office buildings. The bill passed 58-0 Thursday on a bipartisan vote. It also would require the administration to perform a 50-year cost-benefit analysis of the plan to sell state-owned... more »

• Online retailers wouldn't have to report purchases

  February 12, 2010 8:45 AM

  Privacy concerns have led to some changes to Colorado's bid to collect sales tax on online purchases. The measure would require out-of-state, online retailers to either collect sales tax or send customers an annual notice of how much tax they owe the state. Retailers would also have to report... more »

• Plan ahead--state furlough day coming

  February 9, 2010 11:56 AM

  Another state employee furlough day is coming up this Friday, meaning everything from Driver's License Offices to county health departments will be closed for four days--Friday through Monday. The Monday closure is due to President's Day. The furlough day was ordered by Gov. Bill Ritter to help close a... more »

• Obama unveils $3.83T budget with massive deficits

  February 1, 2010 9:17 AM

  President Barack Obama has sent Congress a $3.83 trillion budget that would pour more money into the fight against unemployment and try to reduce a projected record deficit this year. The plan would boost taxes on the wealthy and freeze spending for a wide swath of government programs. The deficit... more »

• University of Colorado suspends course requirement to save money

  January 26, 2010 12:25 PM

  The University of Colorado in Boulder is suspending a course requirement to save money. CU is abandoning its "critical thinking" course requirement for some undergraduates. The university says it could save $200,000 a year by suspending the requirement for students in the College of Arts and Sciences. Currently... more »

• Bill changing state pension system up for a vote

  January 26, 2010 10:18 AM

  A plan to change the state's pension system is set to get its first hearing at the Capitol. The bill has the backing of Senate leadership and is expected to pass a vote in the Senate Finance Committee Tuesday. One of the proposed changes would likely wipe out... more »

• Colorado tax hikes coming

  January 21, 2010 9:39 AM

  You'll soon be paying higher taxes for things like computer software, candy and soda. Right now, those things are exempted from taxes in Colorado--but that's about to end. Gov. Bill Ritter previously announced plans to suspend or eliminate 13 tax exemptions and credits starting in July to help next... more »