Economists are more optimistic about Colorado’s tax revenue future than they were three months ago, even though labor and inflation strains continue and amid uncertainty caused by COVID-19. The headwinds have so far not been “strong enough to slow the impressive growth,” said Meredith Moon, the deputy director of the Governor’s Office of State Planning […]
Is Colorado’s government headed toward a fiscal cliff? Democrats say yes, Republicans say no.
Colorado’s coffers are flush with cash right now — so much so that taxpayers are getting refunds. But Democrats see trouble on the horizon. They’re not worried so much about a downturn, but the potential for spending on critical services like education and health care to run up against constitutional limits on how much tax […]
4 charts explaining Colorado’s sharply improving economy, even as low-income workers lag behind
With coronavirus vaccinations picking up pace and a $1.9 trillion federal relief package approved, Colorado’s economy continues to perform dramatically better than what the state’s economists predicted when COVID-19 arrived last year. That’s according to two financial forecasts presented to state lawmakers Friday by nonpartisan legislative staffers and Gov. Jared Polis’ office. The legislature will […]