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Official: Obama Wants To Halve Budget Deficit

Posted: 02/21/2009 - He would try to achieve that mostly by scaling back Iraq war spending, raising taxes on the wealthiest Americans and making government run more efficiently.

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Tax Cuts Coming Soon

Posted: 02/21/2009 - It's part of the economic stimulus package President Barack Obama signed into law this week. Treasury is directing employers to make the changes as soon as possible and no later than April 1.

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January Rise In Consumer Prices Largest Since July

Posted: 02/20/2009 - Consumer prices rose by the most in six months in January, propelled by higher energy costs. But over the past year inflation has been flat, the lowest reading in more than a half-century.

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UPDATE: Circuit City Says Everything Must Go

Posted: 02/19/2009 - Furniture and fixtures are now for sale as fifteen Circuit City stores prepare to close their doors. The company recently filed for bankruptcy.

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State Senate Backs $605M In Budget Cuts

Posted: 02/18/2009 - The Senate has given initial backing to trimming about $605 million from this year's budget, about $20 million less than recommended by the committee that drafts the state budget.

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Obama Unveils $75 Billion Mortgage Relief Plan

Posted: 02/18/2009 - President Barack Obama says his $75 billion plan to tackle "a crisis unlike any we've ever known" in home foreclosures is necessary to help save the economy.

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Largest Banks That Received Aid Cut Lending

Posted: 02/17/2009 - The government says the 20 largest banks that received government rescue funds slightly reduced their lending to consumers and businesses in the last three months of 2008.

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Lithia Motors Sells 3 Outlets In Colorado

Posted: 02/17/2009 - Lithia Motors Inc. say it has sold three dealerships in Fort Collins, Colo., to a Colorado-based auto dealer, bringing the number of stores sold since the auto retailer announced restructuring to 17.

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Colorado Leaders Ready to Put Stimulus to Work

Updated: 02/17/2009 - State lawmakers say they're ready to start spending on job-creating projects backed by the federal government's bailout package as soon as they cash the check President Barack Obama signed Tuesday.

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Obama Comes to Denver to Sign Stimulus Bill

Updated: 02/17/2009 - President Barack Obama's plane landed at Buckley Air Force Base outside Denver Tuesday when the President was in town to sign the sweeping stimulus package into law.

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White House Releases Stimulus Impact on States

Updated: 02/17/2009 - In the information released Tuesday, the day President Obama is visiting Denver to sign the stimulus plan into law, the plan is broken down by state. According to the report, Colorado will see about 59,000 jobs created.

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Wall Street Tumbles in Early Trading

Posted: 02/17/2009 - Stocks are tumbling in early trading, with investors uneasy about the government's ability to turn the still-weakening economy around.

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President Obama Signs Stimulus Bill

Updated: 02/17/2009 - President Barack Obama has signed into law the most sweeping economic package in decades, a rescue plan designed to create millions of jobs and boost consumer spending.

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Colo. Budget Proposal Hits K-12, Higher Education

Updated: 02/16/2009 - Public schools would face a $65 million cut and higher education would lose $30 million under a proposal to close a $625 million shortfall in this year's state budget.

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