Some Colorado Springs residents have received an e-mail notice from the IRS in recent days saying they are eligible for a refund. Sounds good, but it’s a scam. The IRS does not initiate communication with tax payers by e-mail, said Cheryl Solze, senior tax manager at Stockman Kast Ryan + Co., certified public accountants in […]
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Here’s an overview of how various markets are reacting to the impasse in Washington over raising the U.S. borrowing limit. The U.S. government could default on its debt after Aug. 2 if the limit isn’t raised. — Stocks: On Wednesday the Dow lost 198.75 points, or 1.6 percent, to close at 12,302.55, its fourth straight […]
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Pikes Peak Highway could be completely paved by the end of the year, if Mother Nature cooperates. If she doesn’t, then the city plans to complete it early in 2012. That would complete the project a year earlier than planned, and in enough time for next year’s Pikes Peak International Hill Climb. Mayor Steve Bach […]
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The City of Colorado Springs will contract with private companies for $1.68 million in road projects that are expected fund 20 construction jobs. The projects will be open for bid, and work is scheduled to begin August 22. They include: • Cimarron Street from East Sierra Madre Street to West of Wahsatch Avenue; • Cascade […]
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President Barack Obama urged Americans to call Congress about the lack of progress on raising the nation’s debt ceiling. Apparently, people took him up on it. Congressman Doug Lamborn’s office reports that his website is moving slowly, and that the House of Representatives switchboard is clogged with phone calls. According to an email from Lamborn’s […]
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Former Interior Secretary Bruce Babbitt is blasting as “radical” a Republican proposal to open up more than 50 million acres of public lands to logging and other development. Babbitt, who was Interior secretary for eight years under President Bill Clinton, says the GOP bill would virtually repeal the 1964 Wilderness Act and open an area […]
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Colorado’s position as a key battleground state in the 2012 presidential race comes with a wrinkle neither party seems to like: A freewheeling ballot initiative tradition that could put both legalizing marijuana and gay marriage before voters on Election Day next year. Marijuana activists have begun gathering signatures to ask voters to allow pot for […]
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The Regional Air Quality Council and the Colorado Department of Public Health and Environment have issued an ozone alert for the Front Range. Officials say hot temperatures, clear skies and light winds may lead to increased ozone throughout the region. The alert is in effect until 4 p.m. Monday. Ozone can trigger attacks for people […]
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Less than two weeks away from the deadline for an unprecedented government default, President Barack Obama sought Friday to pressure House Republicans to come around to a deal that he insisted must include new taxes as well as unpalatable spending cuts. At the same time, even with no clear end in sight to negotiations that […]
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Employers in Colorado added 4,500 nonfarm payroll jobs from May to June, dropping the state’s unemployment rate to 8.5 percent, according to the state’s Bureau of Labor and Employment. While there was a net increase overall, government jobs dropped by 2,600 jobs, while the private sector added 7,100. June marked the fourth straight drop in […]
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Long-time City Clerk Kathryn Young is retiring as of July 28. Young has been a city employee since 1983. “I am very grateful for the opportunity to have served this extraordinary organization and its citizens for the past 28 years,” said Young. “While I look forward to enjoying my retirement, I will deeply miss the […]
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The Treasury Department said Thursday it has exited its investment in Chrysler LLC after Italian automaker Fiat SpA purchased the U.S. government’s remaining holdings in the auto company. Fiat paid $560 million to the Treasury Department for the government’s 98,000 shares. Fiat has run the company since it emerged from bankruptcy protection in June 2009. […]
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