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Donna Nelson, operations manager for Security Service Federal Credit Union, will be the city’s economic vitality specialist. “Donna is an ideal person for this job,” said Mayor Steve Bach in a press release. “Her skills range from marketing to mergers to acquisitions to re-engineering operations. Her military service and a business track record that most […]
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The first phase of a deal to raise the government’s borrowing limit would pose little threat to the economy in the short term because almost none of the spending cuts would occur before 2014. Discretionary spending, which excludes Social Security, Medicare and Medicaid, would be cut by only $7 billion in 2012 and $3 billion […]
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Artist Christo’s plan to suspend nearly six miles worth of fabric over parts of the Arkansas River in Colorado is largely intact under a version that federal land managers have identified as the preferred alternative for the project. However, it would happen in 2014 instead of 2013. The Bureau of Land Management has been reviewing […]
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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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