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'Really close' to debt deal as deadline nears

July 31, 2011 4:21 PM

WASHINGTON (AP) -- Racing to avoid a government default, President Barack Obama and Republican congressional leaders reached urgently for a compromise Sunday to permit vital borrowing by the Treasury in exchange for more than $2 trillion in long-term spending cuts. Senate Republican Leader Mitch McConnell said the two sides were... more »
Fort Carson braces for spending cuts

January 13, 2010 10:06 AM

Soldiers at Fort Carson may have start cutting the grass, hauling trash and take on other chores because of a proposed 20 percent cut in the post's operating budget. Army posts nationwide may see their budgets cut as the military tries to hold down non-war spending while escalating the fight... more »
Colorado lawmakers get more bad news on state revenue

September 22, 2009 7:17 AM

Colorado Governor Bill Ritter is promising to move quickly to make more spending cuts after state budget analysts said revenues have fallen more than expected. Ritter says he will ask state agencies to recommend even deeper reductions once they start slashing the $318 million he has already ordered cut.... more »