Economy

USDA to use outdoors recreation to boost economy around national forests, grasslands

BY: - January 30, 2023

WASHINGTON — The U.S. Department of Agriculture began planning this month to develop outdoor recreation opportunities near national forests and grasslands, part of a broader Biden administration push to help communities reap economic rewards from the growing recreation sector. Three USDA agencies — the U.S. Forest Service, the National Institute of Food and Agriculture and […]

GOP U.S. House passes bill opening more public land to development if reserve oil is tapped

BY: - January 27, 2023

U.S. House Republicans passed a bill Friday to force the White House to make more federal land and waters available for oil and gas development if the president orders the withdrawal of more oil from the Strategic Petroleum Reserve. The bill, passed 221-205, mostly along party lines, would strip the president’s power to remove oil […]

Colorado lawmakers propose expanding state-level earned income, child tax credits

BY: - January 27, 2023

A bill introduced this week by Colorado Democrats proposes to further expand state income tax relief for lower-earning workers and families with children. House Bill 23-1112, sponsored by Democratic state Rep. Shannon Bird of Northglenn and Sens. Chris Hansen of Denver and Chris Kolker of Centennial, would raise the percentages at which Colorado matches the […]

Colorado selects company to administer unemployment benefits for undocumented workers

BY: - January 26, 2023

Colorado’s Office of New Americans selected a Denver-based company this week to administer its upcoming wage replacement program for unemployed undocumented workers, putting the state on track to be the first in the country to have an unemployment fund that serves undocumented immigrants. AidKit will work with the office and supply the necessary technology to […]

‘Catastrophe’ would befall economy with national default, warn Colorado Democrats

BY: - January 25, 2023

While talks over raising the United State’s debt limit continue in Congress after the country hit the limit last week, Colorado’s federal representatives have expressed differing views on how the government should respond. The U.S. Treasury Department is already using extraordinary measures to keep the government operational, but a divided Congress will need to come […]

Biden, Democrats to U.S. House Republicans: Show us your debt limit plan

BY: - January 24, 2023

WASHINGTON — Democratic leaders huddled with President Joe Biden at the White House on Tuesday, ahead of what will be a tumultuous few months, with lawmakers sharply divided on the debt limit and short on time.  “I have no intention of letting the Republicans wreck our economy, nor does anybody around this table,” Biden said […]

Affordable, reliable and sustainable: report compares utility performance

BY: - January 21, 2023

A nationwide comparison of electric utility performance by an Illinois consumer advocacy group found that customers in states that are heavily reliant on fuel oil and natural gas, as in the Northeast and South, tend to pay more than those with larger amounts of carbon-free generation, among other findings.  The report by the Illinois-based Citizens […]

U.S. hits debt limit and Treasury Department begins ‘extraordinary measures’

BY: - January 19, 2023

WASHINGTON — The nation reached its debt limit Thursday, beginning the uncertain process known as extraordinary measures, in which the U.S. Treasury Department uses accounting maneuvers to avoid defaulting on the debt.  The often-used practice is intended to give the Republican House, Democratic Senate and Biden administration time to negotiate a bipartisan agreement to raise […]

COMMENTARY

A speech that put NIMBYs on notice

BY: - January 19, 2023

Roughly a third of the way into the annual State of the State address delivered by Gov. Jared Polis on Tuesday before the Colorado General Assembly, he said, referring to the state’s housing crisis, “We need more flexible zoning.” And with those words, along with the larger position Polis staked out on housing, he put […]

U.S. to hit debt limit much sooner than expected, thrusting Congress into showdown

BY: - January 14, 2023

WASHINGTON — The U.S. government will hit its borrowing limit next week, forcing the new, divided Congress into negotiations over the debt limit much sooner than expected, though a potential date for the nation to default isn’t expected until this summer. Treasury Secretary Janet Yellen wrote to Congress on Friday afternoon, telling leaders the United […]

States that limit business with banks that boycott fossil fuels could pay high cost, study says

BY: - January 13, 2023

Republican state policymakers’ efforts to boost fossil fuels by prohibiting their governments from doing business with companies that take sustainability into consideration has the potential to cost states millions, according to a study released Thursday. Researchers looked specifically at the possible effects on Florida, Kentucky, Louisiana, Missouri, Oklahoma and West Virginia if they passed Texas-like […]

U.S. House passes legislation barring sales of strategic reserve oil to China

BY: - January 12, 2023

U.S. House Republicans wrapped up their first week in the majority Thursday by passing with bipartisan support a bill to prohibit the Energy Department from selling the nation’s stockpile of crude oil to China or affiliated entities. The bill, written by Energy and Commerce Committee Chairwoman Cathy McMorris Rodgers, a Republican from Washington, would prevent […]