House GOP Statement on New State Revenue Expectations

DENVER—Today, the Colorado Legislative Council and Office of State Planning and Budgeting released their September revenue forecasts to the Joint Budget Committee, showing a slight decrease in state revenue expectations due to less sales and use tax revenue. 

State Rep. Cheri Gerou, R-Evergreen, vice chair of the Joint Budget Committee, released the following statement about the forecasts:

“Today’s revenue forecasts, coupled with last August’s employment numbers show that we still face challenging economic times. 

“Given the decreases in sales and use tax revenue, the last thing Colorado’s families and job creators need is another burdensome tax increase.  Instead, we need policies that will help get our economy back on track and keep government spending in check.  House Republicans are committed to doing just that.” 

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