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Higher Ed in the News

Budget cuts sought to rescue Colo. high ed

April 9, 2009

The Colorado Senate is set to debate the budget today, and members from both sides of the aisle are looking for ways to avoid cuts to higher education.

Senate Democrats on Wednesday expressed support for eliminating tax exemptions on cigarettes and capital gains and raiding money meant to build water projects.

Senate Republicans proposed pay cuts and furloughs for state employees and shifting some money from public schools to colleges and universities.

The spending plan recommended by the bipartisan Joint Budget Committee would pursue funds from Pinnacol Assurance, a quasi-governmental agency that provides workers' compensation insurance, for $500 million to help balance the budget. If the plan doesn't work, higher education would face $300 million in cuts on top of other decreases already planned.

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Read about more proposals in the Denver Post.