Governor: Colorado Faces Nearly $700 Million Budget Deficit

DENVER (AP) — Colorado’s projected budget deficit for the coming fiscal year has grown to close to $700 million, according to the governor’s latest economic forecast released Friday.
Lawmakers use the quarterly forecast to help craft a budget for the fiscal year that begins July 1.
By law, they must produce a balanced budget during the Legislative session that ends in May.
The expected deficit was $500 million when Gov. John Hickenlooper released his proposed $28.5 billion budg