The Local newsletter is your free, daily guide to life in Colorado. For locals, by locals. Sign up today!
All three deal with money–or rather, how to deal with the lack of it.
1. Budget: The Senate on Wednesday gave an initial OK to use spending cuts and reserve fund cash to make up a $600 million shortfall in this year’s budget. But the real problem will be drawing up next year’s budget–the cuts will likely go way beyond $385 million.
2. Arveschoug-Bird: Controversial legislation to scrap state spending rules should be introduced soon. But Republican infighting over the issue has already started.
3. Transportation: The FASTER initiative, a bill that would raise fees on vehicle registration and car rentals to fund road and bridge repairs, cleared a House committee Tuesday. It had earlier passed the Senate on a party-line vote; the full House will likely take it up next week.