White House
Statement from President Joe Biden on the October Consumer Price Index: “We saw more progress bringing down inflation while maintaining one of the strongest job markets in history. At 3.2 percent, annual inflation is now down by 65 percent from the peak. Gas prices are below $3.40 per gallon, reflecting an average decline of $1.65 from the peak after Putin’s invasion of Ukraine. Inflation has come down while the unemployment rate has been below 4 percent for 21 months in a row—the longest stretch in more than 50 years—while wages, wealth, and the share of working-age Americans with jobs are all higher now than before the pandemic.”
Colorado Governor
Governor Jared Polis reinforced the urgent need for Congress to pass the White House’s supplemental budget request to Congress to provide resources to interior states to assist with the influx of migrants to states like Colorado, fund border security and to help crack down on fentanyl moving across the border. Governor Polis has signed state laws to address the fentanyl crisis and Colorado urges Congress to take further bipartisan action to keep the government open.
Denver Mayor
Denver’s 2024 budget – the first under Mayor Mike Johnston – was unanimously approved by the Denver City Council tonight. The 2024 budget delivers on the Johnston administration’s top priorities: an affordable Denver, a safe Denver, a vibrant and revitalized downtown, a greener Denver, and housing for all. “I’m proud that this budget passed with unanimous support thanks to the continuous collaboration and dedication from City Council, showing what is possible when we work shoulder-to-shoulder to make a Denver a safe, affordable, and vibrant city for all,” said Mayor Mike Johnston.