In any household, how you budget is an indication of your priorities. And as many of us know, the earlier you start investing, the more it pays off. The same is true for the federal government.’The Republican tax bill passed by Congress this week is estimated to cost our country, at best, $1.5 trillion over the next ten years, and other estimates put that closer to $2.3 trillion. Trillion—that’s a figure with twelve zeros (000,000,000,000)—which are more zeros than most of us can comprehend. I’v... Read more

From its earliest days, President Donald Trump’s bigoted crackdown on those in the United States illegally gave up any pretense of focusing on truly bad actors like the violent criminals and drug runners the Obama administration deported in record number. Instead, the Trump administration took pains to round up even those peaceful undocumented immigrants whose lives here served as inspiration to their communities. The latest example in Colorado came just in time to ruin Christmas for the family ... Read more

DENVER – Congress voted Thursday to pass a continuing spending billthat will fund the federal government through Jan. 19 when it is signed by President Trump, but all of Colorado’s Democratic delegation voted against the measure, saying Congress should stay and extend programs for young immigrants and children’s health insurance before going home for the holidays. In the House, Reps. Diana DeGette, Ed Perlmutter and Jared Polis voted against another funding extension, while Sen. Michael Bennet m... Read more

A Denver-area father living in the U.S. unlawfully has been deported despite help from at least two of Colorado’s Democratic congressmen and an outcry about his case that stretched across the nation. U.S. Immigration and Customs Enforcement says Melecio Andazola Morales was removed from the country Dec. 15. Andazola Morales’ supporters say he was at an interview with an immigration agent Oct. 12, believing he was about to be granted U.S. residency, when he was detained by immigration officers. H... Read more

Political corks were figuratively popped and crying towels moistened Tuesday night as Republicans gained the votes they needed in the U.S. House and Senate for conservative-colored tax reform and President Trump’s first major legislative victory. The GOP majorities in the House and Senate are expected to send President Trump a bill that represents the nation’s first comprehensive tax reform legislation since the days of Reagan in 1986. Longtime media critic and left-leaning blogger Jason Salzman... Read more

WASHINGTON — Colorado’s five congressional Republicans joined with most of their GOP colleagues this week to pass a sweeping overhaul of the tax code that lowers rates for corporations and repeals a central pillar of the Affordable Care Act. Republican U.S. Sen. Cory Gardner helped his party narrowly approve the measure 51-48 early Wednesday in the upper chamber while U.S. Reps. Ken Buck, Mike Coffman, Doug Lamborn and Scott Tipton were part of a 227-203 House vote on Tuesday in favor of the bil... Read more

Colorado business leaders said they have more to like about the final version of the federal Tax Cuts and Jobs Act that the U.S. House of Representatives passed Wednesday than the original version of the bill introduced last month. Most notably, “pass-through” businesses such as S Corps and LLCs will get a 20 percent tax deduction on their first $315,000 on joint income, a level lower than the 25 percent rate that was first proposed. In addition, local companies will be able to deduct interest ... Read more

WASHINGTON | Gleeful Republicans on Tuesday muscled the most sweeping rewrite of the nation’s tax laws in more than three decades through the House. House Speaker Paul Ryan dismissed criticism of the widely unpopular package and insisted “results are what’s going to make this popular.” The vote, largely along party lines, was 227-203 and capped a GOP sprint to deliver a major legislative accomplishment to President Donald Trump after a year of congressional stumbles and non-starters. Senate Majo... Read more

A Republican plan to change what Americans pay in taxes moved one step closer to becoming law Tuesday afternoon when the bill passed the U.S. House of Representatives. The 227-203 vote, which broke largely along party lines, sends the bill to the Senate where Majority Leader Mitch McConnell plans to hold a vote Tuesday evening. That means President Donald Trump could sign the bill into law as early as Wednesday morning. The bill lowers the tax rates paid by individuals and corporations while inc... Read more

Colorado's delegation in both the House and Senate split along party lines for the Republican tax overhaul bill. The House approved the plan by a mostly party-line Tuesday vote of 227-203. The Senate, voting early Wednesday, passed an amended bill 51-48 in a party-line vote. NPR reports two provisions had to be removed from the House bill before the Senate could vote on it because of rules violations. One provision at issue would allow families to use education savings accounts, often called 529... Read more