dave young
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Colorado sells tax credits to plug budget deficit
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Colorado has begun selling insurance premiums and income tax credits to raise $100 million to shore up the state’s budget and pay for insurance subsidies. A law approved by the legislature this year authorized the Treasury Department to sell up to $125 million in tax credits to insurance firms and C corporations to raise $100…
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Colorado Democrat Yadira Caraveo drops bid to win back 8th Congressional District seat
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Former U.S. Rep. Yadira Caraveo announced on Friday that she was ending her campaign to reclaim the Colorado congressional seat the Thornton Democrat lost last year in one of the closest U.S. House races in the country. Caraveo, a pediatrician and the first Latina to represent the state in Washington said in a statement that…
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10th Circuit opens door for class-action challenge to Colorado’s unclaimed property program
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The Denver-based federal appeals court reinstated constitutional rights claims on Friday against Colorado’s treasurer, potentially opening the door to a class-action lawsuit over how the state has set up its process for reuniting people with their unclaimed property. A three-judge panel of the U.S. Court of Appeals for the 10th Circuit ruled that two plaintiffs…
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Colorado is ‘well positioned’ for a US debt default, says state Treasurer Dave Young
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With eight days to go until the United States is unable to pay its bills, the White House and Congress are still nowhere near an agreement on raising the national debt ceiling. The U.S. reached its $31.4 trillion debt ceiling – the limit on how much the government can borrow – in January. Treasury Secretary…
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Judge tosses lawsuit against Colorado treasurer over unclaimed property program
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A federal judge has dismissed a lawsuit by two Colorado residents against Treasurer Dave Young that alleged the state is failing to provide adequate notice to potential owners of unclaimed property totaling roughly $1 billion. Although plaintiffs David Knellinger and Robert Storey filed a proposed class action lawsuit, which would cover an estimated 1.6 million people…
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Colorado Treasurer Dave Young wins re-election | ELECTION NIGHT 2022
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Democrat Dave Young will serve a second four-year term as Colorado State Treasurer, unofficial election results show. The Associated Press declared Young the winner just after midnight on Wednesday. Young is leading against his Republican challenger, former state Rep. Lang Sias, in a 52.2% to 44.6% vote as of Thursday. The state treasurer manages more than…
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Colorado treasury launches website to improve bond transparency
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The Colorado Department of the Treasury on Monday announced a new website that aims to improve transparency for the state’s bond investors. The website, stateofcoloradobonds.com, which is set to launch in October, provides potential investors with information about Colorado’s finances and bond programs. State officials said they hope the website will attract more buyers for…










