Business leaders take dim view of Legislature’s work
While the 2013 session of Colorado’s Legislature offered a share of both victories and defeats, the sentiment among the state’s business community is that overall, it was a loss. On one hand lawmakers approved several pro-business bills, including legislation to provide startup incentives, expand Medicaid and protect the small-business health care market. But on the [...]
The average person likely has never heard of the Federal False Claims Act (31 U.S.C. §§ 3729 — 3733). Yet, it probably will touch the lives of most Americans directly or indirectly at some point. The FCA, which imposes liability on individuals and companies who defraud governmental programs, is widely used in the context of [...]
Continue reading …Senate leaders moved toward showdown votes Wednesday on rival Democratic and Republican plans for extending broad tax cuts that will otherwise expire in January. In an announcement that seemed to surprise Democrats, Senate Minority Leader Mitch McConnell, R-Ky., said on the Senate floor that he was accepting a Democratic offer to hold back-to-back [...]
Continue reading …The state will have about $149 million additional revenue during the next fiscal year than the Office of State Planning and Budget originally forecasted. The overall increase is due, according to a press release from Gov. John Hickenlooper’s office, to continued improvement in the job market and increased business confidence. Sustained production is buildinga foundation [...]
Continue reading …A new budget report released Tuesday predicts the government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still very high by any measure. The Congressional Budget Office report also says that annual deficits will remain in the $1 trillion range for the [...]
Continue reading …Nick Kittle has been chosen to be the city’s innovation and sustainability manager, reporting to chief of staff Steve Cox. It’s the second new position created by Steve Bach since he became mayor this spring. Kittle’s new job is to streamline many of the city’s processes and policies, making it easier and more efficient for [...]
Continue reading …The nation’s health care tab is on track to hit $4.6 trillion in 2020, accounting for about $1 of every $5 in the economy, government number crunchers estimate in a report released Thursday. How much is that? Including government and private money, health care spending in 2020 will average $13,710 for every man, woman and [...]
Continue reading …The Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government’s remaining holdings in the auto company. Fiat paid $560 million to the Treasury Department for the government’s 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009. [...]
Continue reading …A wave of government layoffs in September outpaced weak hiring in the private sector, pushing down the nation’s payrolls by a net total of 95,000 jobs. The unemployment rate held at 9.6 percent last month, the Labor Department said Friday. The jobless rate has now topped 9.5 percent for 14 straight months, the longest stretch [...]
Continue reading …It’s Tax Day – and that means lots of protests against the size of federal government.
More than a dozen protests are planned across Colorado today to mark April 15, the day most federal income taxes are due.
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