The Bell Policy Center strongly supports Senate Bill 13-213, the proposal to update our state's financing formula for P-12 education. Wade Buchanan, president of the Bell, testified in favor of the proposal on Monday before the House Education Committee, noting that it helps move Colorado in the direction of expanding opportunity for all students.
On the first day of this year's legislative session, Senators John Morse and John Kefalas introduced the Working Families Opportunity Act as Senate Bill 1. That first-bill status reflects the importance that lawmakers place in helping low- and moderate-income families still struggling as we emerge from the Great Recession.
Lawmakers received good news about the state's economy on Monday as economists from the legislature and the governor's office presented positive forecasts to the Joint Budget Committee (JBC).
Colorado's economy continues to outperform the national economy as we experience a growth in jobs, an improving housing market and increasing retail sales, especially automobiles. It is "among the most vibrant in the nation," according to the Legislative Council Staff.
It's been said that the best anti-poverty measure is a job. But for more than a quarter of Colorado's workforce, working hard isn't enough to make ends meet.
In a recent report, we found that more than 48,000 working families in Colorado lived below the poverty line of $23,021 for a family of four in 2011. Another 154,085 families – 27 percent of all working families in Colorado – lived on up to twice that amount.
Two major business groups pulled their support from a bill to reform Colorado's enterprise-zone program Wednesday when its sponsor lowered the annual caps on investment tax credits, but Democrats on the House Finance Committee still passed House Bill 1142 on a party-line vote.