Good morning. Here's a look at news reports from around the state on issues of interest to the Colorado Center on Law and Policy for Thursday, July 8, 2010. Listing does not imply endorsement of the content.
FISCAL POLICY
The Denver Post: Denver council briefed on expected $100 million deficit
The heads of city agencies briefed the council in committee on the impact of overcoming the deficit and gave preliminary strategies for closing the gap. City budget officials project operating spending, once the deficit is overcome, will come in at $836 million next year.
Loveland Reporter-Herald: Loveland to file lawsuit in hopes of regaining lost vNet incentive
A sharply divided City Council late Tuesday directed the city attorney to file suit to recover $500,000 in economic incentives to Colorado vNet, a once promising company that sold its assets to a competitor last fall.
Summit Daily News: Vail opposes tax-slashing state ballot initiatives
Officials say Vail will lose $5.3 million a year if Proposition 101 and Amendments 60 and 61 pass.
HEALTH POLICY
Colorado News Agency: Ritter touts plan for the uninsurable; GOP says it can’t last long
The health insurance program is paid for both by premiums–which range from as little as $120 per month for a nonsmoker under 18, to $806 a month for a 64-year-old smoker–and by a $90 million subsidy from the federal government. The subsidy is intended to cover the difference between the premiums paid by individuals and the actual cost of coverage for those with pre-existing conditions.
ECONOMY
Longmont Times-Call: City sees employment growth
Longmont is up a net 172 primary jobs through the first half of 2010, according to a report issued Wednesday by the Longmont Area Economic Council.
ECONOMIC SELF-SUFFICIENCY
KMGH-TV: Colorado Groups Get $1 Million To Help Homeless
It's part of $190 million in grants given by the U.S. Housing and Urban Development Department to assist 550 local homeless assistance programs across the country.
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