Federal Budget & Taxes

taxesColorado receives large investments from the federal government that not only help the state provide services that benefit all Coloradans, but also fuel economic growth and jobs across the state.  Today, decisions made by Congress and the President matter more than ever.  CFI provides timely analyses of how federal tax and budget decisions affect Colorado and provides the tools that local advocates need to make a difference at the federal level.

 

Click Here for the Federal Budget Basics

What’s “Reconciliation”? What are entitlements? What the heck is “nondefense discretionary” spending? And where do all our federal taxes go? What’s the difference between the debt and the deficit? Answers to all these questions and more can be found in CFI’s “Federal Budget Basics, 2017.”

Federal Budget & Tax Reports

How the House Tax Proposal Would Affect Colorado Residents’ Federal Taxes

November 7, 2017
On Thursday November 2nd the House Ways and Means Committee introduced the Tax Cuts and Jobs Act in the House of Representatives. It contained the same major flaws as prior GOP tax plans and frameworks. The House GOP tax plan… read more

Tax Breaks for Working Families Face Dire Cuts in President’s Proposed Budget

June 27, 2017
The federal EITC and CTC are facing major cuts in the president's proposed budget, which will have dire consequences for low- to moderate-income individuals and families, especially undocumented communities.

Tax Credit Masquerade

August 4, 2014
Beware of changes to tax credits masquerading as reforms. Sometime the proposed “reforms” transform what was originally a worthwhile effort to help individuals, create jobs or support the broader economy into giveaways for the well-off. We have seen examples of this at both the state and federal level in 2014.

Federal workers in Colorado Springs feeling the pinch of shutdown

October 11, 2013
By Kurtis LeeThe Denver Post COLORADO SPRINGS — The angst of not knowing if he’ll receive a full paycheck is nothing new to Bill Adams. Before the federal government shut down 10 days ago, automatic budget cuts — known as… read more

The Cost of the Government Shutdown in Colorado

October 7, 2013
October 7, 2013Stephanie Carroll Carson, Public News Service – CO COLORADO SPRING, Colo. – With 53,000 federal employees calling Colorado home, the state’s economy is already feeling the pinch from lost federal wages. Collectively, those employees are paid $965 million… read more
View all Federal Budget & Tax reports
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