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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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Wyoming needs more educators who can teach kids trade skills, a proposal to open 40-thousand acres of an Ohio forest to fracking has environmental advocates alarmed and rural communities lure bicyclists with state-of-the-art bike trail systems.

Coloradans Doing More with Less: New Census Data Released

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Thursday, September 18, 2014   

DENVER - According to the latest Census data released Thursday, Coloradans are, at least on paper, making slightly more money than they were a year or two ago.

The state's median household income increased by 2.4 percent since 2012, but experts warn it's important to read between the lines. Median household income is still below pre-recession levels and Chris Stiffler, economist with the Colorado Fiscal Institute, says that's why many citizens feel like their budget is a little tighter these days.

"The data really shows these people aren't alone. Households across Colorado are feeling the squeeze," he says. "It really highlights the kind of growing disconnect between how we measure the economy and how that actually translates to actual Colorado families."

Stiffler says greater analysis of the data also shows the gap between the wealthiest and poorest of the state is widening dramatically. According to the Census numbers, 20 percent of Coloradans earn close to a majority, 49.7 percent, of all income in the state.

With 70 percent of Colorado's economy driven by consumer spending, Stiffler warns the growing income disparity will ultimately catch up with everyone.

"When you have families who are having three, four thousand, five thousand less than they did five years go, that's that much less dollars spent in your local grocery store, that much less dollars spent at your local restaurants," says Stiffler. "It has a multiplier effect."

The Colorado Fiscal Institute is recommending the state fast track the implementation of the Earned Income Tax Credit for qualifying families, and state constitutional reform that would allow lawmakers the freedom to reform the tax system and have more control over the state budget.

On paper, Coloradans are making slightly more, according to the latest Census data released today (Thursday), but as Stephanie Carson explains, there's much more to the story for a majority of citizens.


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