Economy Again Headlines CO Legislative Session

By: AP
By: AP

DENVER (AP) -- Republican House Speaker Frank McNulty says his party will work on reducing regulations on businesses and emphasized they will not budge on eliminating a property tax break for seniors like Democratic Gov. John Hickenlooper wants.

Hickenlooper says the state can't afford the whole tax break.

McNulty said Wednesday in his opening day speech that government doesn't create jobs and regulations on businesses must be eased. He acknowledged the session will be difficult but said he believes both parties can collaborate. But remarks from party leader only highlighted divisions.

McNulty called for lawmakers to press for scaling back growing Medicaid spending. Democratic House Leader Mark Ferrandino said in his speech that's not possible. He says Democrats will push for tax credits to invest in business startups and give universities money for technology research.


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  • by Nath Location: Colo Spgs on Jan 11, 2012 at 10:16 AM
    The only way our State legislature can help the economy is by implementing a slew of nullifications on federal laws, rules, and regulations that are killing the economy.
    • reply
      by Native on Jan 11, 2012 at 02:13 PM in reply to Nath
      I agree to a certain point with regard to your statement; however, keep in mind that without some federal regulations, our lands and natural water would be polluted and destroyed. We need to be very careful when lifting regulations.
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