Tag: government
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LETTERS: Local journalism; bigger future war
Future of local journalism I disagree with Vince Bzdek’s concerns that democracy is doomed without “local journalism” (December 29 News Commentary). Well, I agree that truthful reporting of newsworthy events is critical to a well-functioning democratic republic. But that’s not what troubles Vince. The “hollowing out of local news” is the real threat to our…
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As some naturalization ceremonies across the country are canceled, Colorado Springs welcomes new citizens
As several naturalization ceremonies have been canceled or stalled nationwide following the Trump administration’s travel restrictions to certain countries, Colorado Springs greeted 29 new citizens Thursday. Held inside a former courtroom at the Colorado Springs Pioneers Museum, the naturalization ceremony welcomed people from 14 countries, serving as a stark contrast to immigration hurdles others are…
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Treasury Secretary Bessent calls for looser regulations for the U.S. financial system
WASHINGTON (AP) — U.S. Treasury Secretary Scott Bessent is proposing to overhaul a regulatory panel that monitors the nation’s financial stability, by advocating for looser regulations. The Financial Stability Oversight Council, a U.S. body created in the wake of the 2008 global financial crisis, monitors risks to the financial system and coordinates regulators’ approaches to…
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Manitou Springs council plans diversion of Cog Railway reimbursement
The Manitou Springs City Council last week amended its first budget reading, pulling about $690,000 away from a tax reimbursement agreement with the Pikes Peak Cog Railway to fund wildfire mitigation efforts instead. “We feel like we’ve been living on borrowed time,” Mayor John Graham said on wildfire risk for the mountain city popular with…
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Monument closes budget gap, despite flat revenue projections
The town of Monument is finalizing its budget for 2026 after working through what town officials previously described as a financial crisis. The budget offsets stalled sales tax revenue and deficit spending in the town north of Colorado Springs. The latest figures see the town ending 2025 with a 32.73% general fund reserve of about…
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Trump ramps up new effort to convince skeptical public he can fix affordability worries
WASHINGTON (AP) — President Donald Trump is adjusting his messaging strategy to win over voters who are worried about the cost of living with plans to emphasize new tax breaks and show progress on fighting inflation. The messaging is centered around affordability, and the push comes after inflation emerged as a major vulnerability for Trump…
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Dick Cheney, one of the most powerful and polarizing vice presidents in US history, dies at 84
WASHINGTON (AP) — Dick Cheney, the hard-charging conservative who became one of the most powerful and polarizing vice presidents in U.S. history and a leading advocate for the invasion of Iraq, has died at age 84. Cheney died Monday night due to complications of pneumonia and cardiac and vascular disease, his family said in a…
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Government shutdown could become longest ever as Trump says he ‘won’t be extorted’ by Democrats
WASHINGTON (AP) — The government shutdown is poised to become the longest ever this week as the impasse between Democrats and Republicans has dragged into a new month. Millions of people stand to lose food aid benefits, health care subsidies are set to expire and there are few real talks between the parties over how…
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2 judges order Trump administration to use contingency funds for SNAP payments during the shutdown
BOSTON (AP) — Two federal judges ruled nearly simultaneously on Friday that President Donald Trump’s administration must to continue to fund SNAP, the nation’s biggest food aid program, using contingency funds during the government shutdown. The rulings came a day before the U.S. Department of Agriculture planned to freeze payments to the Supplemental Nutrition Assistance…
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Federal Reserve cuts key rate as government shutdown clouds economic outlook
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated. “Job gains have slowed this year, and the unemployment rate has edged up but remained low through August,” the Fed said in…