stimulus

This column appeared in the Denver Business Journal as a counterpoint to a column by Justin Longo of the Independence Institute. (Link to similar column use because of copyright restrictions.)

By Rich Jones

By Ed Sealover
Denver Business Journal
Oct. 28, 2009

Medicaid providers will take another hit in the latest round of budget cuts unveiled by Gov. Bill Ritter Wednesday, but business leaders who have been asking him not to cut tax exemptions and credits can breathe a sigh of relief for now.

Gov. Bill Ritter presented a plan to the Joint Budget Committee today that closes an additional $271 million shortfall in the state budget for fiscal year 2009-10.

When combined with the $320 million in cuts he proposed in August, it eliminates a gap projected to be $589.4 million below September's revenue forecast.

Ritter used a mix of one-time cuts, transfers and federal funds to balance the budget.

Wade joins in a discussion
on the state budget and funding cuts
on Rocky Mountain PBS'

Colorado State of Mind
Friday at 7:30 p.m. on Channel 6

(Channel 8 in Pueblo and Colorado Springs,
Channel 18 in Grand Junction and western Colorado)

Also on the program:

For immediate release: Sept. 4, 2009

Contact:
Kathy White, Colorado Fiscal Policy Institute, 720-252-9607
Lorena Garcia, 9to5, 303-819-2370
Joe Watt, The Bell Policy Center, 303-297-0456

Thousands of Colorado families exhausting jobless benefits
***
Bell Policy Center, Colorado Fiscal Policy Institute
and 9to5 Colorado urge Congress to extend program
***
Stimulus benefits providing major boost to Colorado's economy