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PNS Daily Newscast - September 28, 2020 


The New York Times reports President Trump's tax returns show chronic losses; and will climate change make it as a topic in the first presidential debate?


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The New York Times obtains President Trump's tax returns, showing chronic loss and debts coming due. And Judge Amy Coney Barrett is Trump's nominee to the U.S. Supreme Court.

Ritter Signs Budget, Analyst Still Looking for Silver Lining

April 30, 2010

DENVER - Gov. Bill Ritter signed a $20 billion state budget bill on Thursday, calling it a tough but balanced budget that reflects tough times. Terry Scanlon, who analyzes fiscal policy for the Colorado Fiscal Policy Institute, agrees the bill (HB 10-1376) doesn't contain much good news. And, he says cuts in state spending could wind up being too tough, on Coloradans who need the most help.

"Over the course of three years, 35 children who were involved in the child welfare system have died – and this year, we're responding by spending less on the child welfare system."

Scanlon explains the funding normally goes to programs for children who are either in foster care or had been in abusive homes, among other situations.

He is well aware that the budget can be a dry topic, to which not everyone in the state pays much attention. However, he says its impact will surely be seen next fall, when students find more of their peers packed into every classroom.

"As people send their kids to school next year, we want them to remember the state budget, and that the state is spending $450 less per student."

Scanlon predicts Colorado's budget crisis could be worse next year, if ballot initiatives to further limit government spending pass later this year. There are no current projections of a strong enough economic recovery to bring in sufficient revenue to restore the services being cut, so he says it is up to voters and lawmakers to work together to find new sources of revenue.

The new budget goes into effect July 1.

Eric Mack, Public News Service - CO