Colorado budget cuts going deeper

Gov. Bill Ritter may be forced to cut another $189 million from Colorado’s budget because of a sluggish economic recovery and lower-than-expected revenues.

State budget officials compared the recovery to having a hangover – they say the economy is a little bit slower, a little less energetic than expected.

In June, Ritter was forced to cut $60 million from this year’s $18.2 billion budget, using money from marijuana registrations, cutting funding for the Department of Corrections and taking money from severance taxes and federal mineral lease revenues from local communities.

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