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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, 2018.”

 

Federal Budget Watch: In light of the heightened interest over congressional budget issues and their impacts on Colorado, the Colorado Fiscal Insitute is producing a new report called the Federal Budget WatchSign up today to receive the latest on what’s happening in Washington.

Federal Budget & Tax Reports

Forecast Five: December 2022 Revenue Estimates

December 21, 2022
#1 — Monetary Policy Trickles Down via GIPHY With inflation still well above the Federal Reserve’s goal of 2%, the US central bank has been raising interest rates in an effort to cool rising prices. Over the course of 2022… read more

What’s In the Inflation Reduction Act? Big Climate, Tax Wins

August 12, 2022
While not as expansive and ambitious as previous iterations of federal budget legislation Congress has discussed over the last two years, the Inflation Reduction Act will make major investments in a stable climate future, jobs and the economy, lowering health care costs, and creating a fairer tax code for working people.

How Is The Child Tax Credit Impacting Colorado?

September 30, 2021
The Child Tax Credit expansion of 2021 has been heralded as one of the most important anti-poverty policies in US history. And while it's a popular policy that Congress is considering expanding, there are threats on the horizon that would dampen it's huge economic impact.

What’s In the Biden Tax Plan

June 29, 2021
The Biden-Harris administration's budget proposal includes tax increases for corporations and high-wealth individuals and families, many of which undo changes made to the tax code by the Trump-era Tax Cuts and Jobs Act. The proposal also includes tax credit increases for people who earn low incomes and parents.

Colorado Needs The American Jobs Plan

June 24, 2021
With Colorado facing unprecedented danger from climate change, The American Jobs Plan will be a big help for the state. That's thanks to Investments in transportation, clean energy, safe drinking water, housing, and other areas.
View all Federal Budget & Tax reports