Mar 12, 2010 2:34 PM by Bea Karnes, News First 5

Budget cuts loom as lawmakers reach halfway point

Colorado lawmakers say they're making progress on bills to create jobs and increase the use of renewable energy as they near the halfway point of their 120-day session.

But House Speaker Terrance Carroll, a Denver Democrat, said Friday the biggest fight is yet to come as lawmakers prepare to balance next year's budget in the midst of a revenue crisis.

Carroll says lawmakers will have to cut another $1.5 billion from the $18 billion spending plan as they wait for the state's latest revenue forecast due next week. The session will be half over on Saturday.


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