24/7 Newsfeed

Put Reason 24/7 on Your Site

RSS

Follow Reason 24/7 on Twitter and via RSS

Western States May Have to Return Federal Mining and Timber Money

Colorado is among Western states that could be forced to repay millions of dollars in federal funds locked up in the national budget debate.

U.S. Rep. Scott Tipton, a Republican from Colorado, said the Obama administration has advised the state that money from timber sales and mineral royalties are subject to the budget debate and the state could receive a bill for repayment of funds already distributed to counties.

Colorado stands to lose $8.4 million from the federal mineral royalties paid to states, and $720,000 from timber sales, Tipton's office said Friday.

Source: AP. Read full article. (link)

Editor's Note: We invite comments and request that they be civil and on-topic. We do not moderate or assume any responsibility for comments, which are owned by the readers who post them. Comments do not represent the views of Reason.com or Reason Foundation. We reserve the right to delete any comment for any reason at any time. Report abuses.

advertisement