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Military spending vital to Springs economy

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Despite continued worries about the economy, one thing is certain — the economic impact of the military is vital to the well-being of the Pikes Peak region.

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The Associated Press and Army Times report that Fort Carson might get to keep more than $500 million to improve its facilities even though it’s no longer receiving a new brigade combat team. A Defense Department budget bill for the year ending Sept. 30, 2010, that was approved by the Senate Armed Services Committee this… Continue Reading Fort Carson funding could stay though troops not coming

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It doesn’t take a fortune teller to predict that soldiers will come, and they will go – especially during war time. About 3,000 members of the 4th Brigade Combat Team moving to the Pikes Peak region from Fort Hood and returning from Iraq have begun to arrive. Many have visited their newly assigned post and… Continue Reading Prediction: busy season ahead for multifamily landlords

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The first shot in the battle to keep Army troops at Fort Carson has been fired by a top Senate leader from Texas. Sen. Kay Bailey Hutchison (R-TX) said she is trying to convince the Pentagon to consider Fort Bliss, Tex. over smaller posts like Fort Carson in Colorado when assigning large-scale training operations in… Continue Reading Texas Senator lobbies to move Carson troops to Fort Bliss

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A luncheon panel discussion scheduled for tomorrow will address how added military troops coming to Colorado Springs will affect the local economy. The meeting is scheduled from 11:30 a.m. to 1:30 p.m. at the Warehouse Restaurant, 25 W. Cimarron St. Panelists include City of Fountain Planning Director David Smedsrud and Army Lt. Col. Ron Bolton.… Continue Reading Panel to consider economics of region’s military troop influx

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Kileen soldiers Carson bound

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The second half of about 4,200 4th Infantry Division soldiers from Fort Hood and Iraq are definitely headed our way by mid-July. A story by Amanda Kim Stairrett that appeared in the May 3 edition of the Killeen Daily Herald details how families – with the help of Colorado Springs representatives – are preparing to… Continue Reading Kileen soldiers Carson bound

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Because of a large military population that spends hundreds of millions of dollars annually, Colorado Springs has enjoyed relative economic stability despite the recession. The Army is the state’s second largest employer, with a current active-duty population of more than 20,000 soldiers. And the largest single beneficiary continues to be El Paso County – home… Continue Reading Carson’s growth helps buffer local economy

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