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IRS Collections From Audits Fall In 2008

Posted: 12/22/2008 - The IRS says its collections from audits and other reviews fell this year for the first time in a decade as the agency focused more of its limited resources on ensuring that people got their economic stimulus checks.

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Ritter Details Proposals To Boost Economy

Posted: 12/18/2008 - Tax breaks for companies that create jobs and more money for job training are among the proposals Gov. Bill Ritter will push next year to stimulate Colorado's economy during a recession.

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Banks, Investment Firms Borrow Less From Fed

Posted: 12/18/2008 - The Fed report shows commercial banks averaged $88.4 billion in daily borrowing over the week ending Wednesday. That was down from $90.2 billion in average daily borrowing logged over the week ended Dec. 11.

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Obama Says Economic Ammunition Running Low

Posted: 12/16/2008 - Obama said rates are getting about as low as they can get. He says tools are still available, but it's critical for other branches of government to "step up."

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GM And Chrysler Get Encouraging Nod

Posted: 12/15/2008 - The White House is reassuring General Motors and Chrysler that help is on the way -- it's just taking time to work out details.

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Frontier Airlines Reports $9M Operating Loss

Posted: 12/15/2008 - Low-cost carrier Frontier Airlines has reported a third-quarter operating loss of $9 million, according to data from the federal Bureau of Transportation Statistics.

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Atmel Cuts 249 Jobs In Colorado Springs

Updated: 12/15/2008 - Atmel Corporation has announced it is cutting 11% of its North American workforce. And that includes cuts in Colorado Springs.

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No More Cuts For '09 El Paso County Budget

Updated: 12/15/2008 - Commissioners voted Monday to transfer $3 million from roads and bridges to the county general fund. This means no more cuts will be needed, welcomed news for a lot of county workers.

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Plane Owners Grounded By Manufacturer Bankruptcy

Posted: 12/15/2008 - It's a buyer's nightmare: plunk down more than a million dollars for a new twin-engine airplane, and after it finally arrives, the manufacturer goes out of business.

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Colorado Tourism Officials Look Closer For Guests

Updated: 12/15/2008 - Denver has courted visitors from Kansas, Nebraska and New Mexico in the past but the tough economy has made Denver's tourism bureau look closer to home to cities only an hour's drive away, like Fort Collins and Colorado Springs. The tourism bureau is spending $500,000 for the holiday campaign.

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Denver To Speed Construction For Jobs Boost

Posted: 12/12/2008 - Mayor John Hickenlooper said Thursday the city will complete some 200 improvement projects in four years instead of five. He says the move is needed to boost Denver's economy with construction jobs.

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Interest Rate Hits Zero On 4-Week Treasury Bills

Posted: 12/09/2008 - Interest rates on four-week Treasury bills fell to zero in Tuesday's auction, as investors still sought the safety of government securities without any return on their investment.

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Progress Made In Bailout Plan For Big 3 Automakers

Posted: 12/08/2008 - A White House spokeswoman says it is "very likely" that the Bush administration could reach a deal with Congress on Monday to get emergency aid to failing U.S. automakers.

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