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  • Flight delays cost passengers $16.7B

    October 19, 2010 8:58 AM

    A government-funded study says airline flight delays cost passengers a lot more than grief - $16.7 billion more, to be precise. That's the price a study delivered Monday to the Federal Aviation Administration puts on the cost to passengers for flight delays in 2007. That was the latest year... more »
  • NYT: Bennet-backed pension deal costs taxpayers millions

    August 6, 2010 1:37 PM

    The Denver school system is reportedly stuck paying millions of dollars in interest and fees because of a pension financing deal recommended by Sen. Michael Bennet while he served as superintendent. The New York Times reported Friday that the deal has cost Denver at least an extra $25 million.... more »
  • Dam fails in Iowa floods

    July 26, 2010 9:19 AM

    Flooding from the Maquoketa River after an eastern Iowa dam failed has damaged dozens of homes and businesses, causing millions of dollars in damage in Monticello, a city official said Sunday. The Lake Delhi dam failed Saturday as rising floodwater from the Maquoketa River ate a 30-foot-wide hole in... more »
  • Congress looks at untaxed airline fees

    July 14, 2010 8:35 AM

    All those extra fees that consumers are paying to fly add up to billions of dollars for the nation's airlines and a House panel is taking a closer look. The Bureau of Transportation Statistics says airlines collected $7.8 billion last year in ancillary fees -- more than a third... more »
  • Federal deficit tops $1 trillion through June

    July 13, 2010 2:10 PM

    The federal deficit has topped $1 trillion with three months still to go in the current budget year, showing the continued impact of a deep recession on the government's finances. The Treasury Department says that through the first nine months of this budget year, the deficit totals $1 trillion,... more »
  • Colorado submits second bid for school funding

    June 1, 2010 3:24 PM

    Colorado is taking another shot at winning millions of dollars for education reforms. Officials plan to submit the state's application on Tuesday for the second round of the Obama administration's Race to the Top competition. Colorado placed 14th out a field of 16 finalists in the first round... more »
  • Colorado completes stimulus apartment project

    May 17, 2010 8:12 AM

    Colorado was the first state to tap into a pot of federal stimulus money for affordable housing. Now the Denver Garden Apartments are ready for occupancy. The apartments will be available for low-income seniors. Colorado used $14 million from the Tax Credit Assistance Program to renovate the apartments.... more »
  • Congress targets Pentagon waste, inefficiency

    April 28, 2010 3:56 PM

    The House is demanding that the Pentagon improve how it acquires goods and services, saying that cutting down on waste and abuse can save taxpayers billions of dollars. Legislation passed by the House requires the Defense Department to adopt better business practices such as monitoring purchases to ensure that... more »
  • Colo officials meet to discuss 'Race to the Top'

    April 6, 2010 12:56 PM

    Colorado education officials are still weighing whether the state should try again to win federal money for education reform. The team that put together Colorado's "Race to the Top" application plans to meet Tuesday to discuss what to do next. Gov. Bill Ritter then plans to meet with Lt.... more »
  • Colorado House cutting $475 million from state budget

    February 18, 2010 8:23 AM

    Colorado lawmakers are slashing jobs and state services in an effort to cut another $475 million from this year's budget, targeting education, prisons and Medicaid patients. The House approved 31 bills Wednesday that will cut nearly every sector of state government as they work to cut $1.5 billion over... more »
  • Denver museum gets $8 million donation

    February 1, 2010 2:21 PM

    The Denver Museum of Nature & Science has received the largest donation in its history - $8 million for a new building. The museum announced the donation Monday from the Morgridge Family Foundation. The money will build a new 40,000-square-foot, three-story Science Engagement Center for children. The museum... more »
  • Slew of offshore tax evaders settle with IRS

    November 17, 2009 10:52 AM

    More than 14,700 U.S. taxpayers came forward to disclose billions in offshore bank accounts in 70 countries under a voluntary Internal Revenue Service program allowing most to avoid criminal prosecution as long as they pay what they owe, IRS officials said Tuesday. A flood of people came forward in... more »
  • Millions may have to repay part of tax credit

    November 16, 2009 10:49 AM

    More than 15 million taxpayers could unexpectedly owe taxes when they file their federal returns next spring because the government was too generous with their new Making Work Pay tax credit. The Treasury Department's inspector general for tax administration issued a report Monday saying that taxpayers are at risk... more »
  • Obama rewards donors with special access to White House

    October 28, 2009 2:25 PM

    A report published today says President Barack Obama has rewarded top Democratic donors with a range of perks, including holiday visits to the White House and policy briefings. The Washington Times says at least 39 Democratic donors and fundraisers attended White House events marking St. Patrick's Day and Cinco de... more »
  • Coca-Cola to invest $200 million in Vietnam

    September 4, 2009 10:25 AM

    Coca-Cola Co. says it plans to invest an additional $200 million in Vietnam in the next three years. CEO Muhtar Kent announced the investment - which will be made with the company's bottler - during a visit to the country on Friday. The world's biggest soft drink maker says Kent... more »
  • Man wins $3.5 million on casino slot machine

    September 1, 2009 1:01 PM

    A Florida man has taken home a record-breaking $3.5-million jackpot at the Seminole Casino in Immokalee. Christopher Detzler took a $10 spin on the slot machine and hit for $3.5-million while visiting the casino on Sunday. It's money he almost didn't give himself a chance to win. ... more »

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