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Taxed and voiceless: How a debt trap turned Meadows Metro District residents into an ATM for bondholders
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Approved, Local, Rocky Mountain Voice, Top Stories

Taxed and voiceless: How a debt trap turned Meadows Metro District residents into an ATM for bondholders

By Jen Schumann | Contributing Writer, Rocky Mountain Voice Imagine paying a $200 tax each month for a community infrastructure project that was completed decades ago. To add insult to injury, consider being told that you’ll continue doing so for 100 years.  That’s the reality for approximately 20,000 property owners who reside in Meadows Metro District (MMD), Castle Rock's largest neighborhood in Douglas County. The MMD ‘limited tax’ general obligation bonds were issued in 1989 to finance infrastructure, including roads and sewer systems. The project’s initial price tag was $57 million. But residents have paid approximately $400 million, with a remaining debt of $600 million due to a negative amortization structure.  How did a ‘limited tax’ bond turn into a debt that...
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Feds send millions of taxpayer dollars to the Taliban
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Approved, National, The Center Square

Feds send millions of taxpayer dollars to the Taliban

By Casey Harper | The Center Square After two decades at war with the Taliban, the U.S. government is now sending millions of taxpayer dollars to the terrorist group. The Taliban resumed power in Afghanistan immediately after the chaotic and deadly withdrawal of U.S. troops earlier in the Biden administration. A recently released federal watchdog report shows that the U.S. government has sent at least $11 million to the Taliban since the 2021 withdrawal of U.S. troops. But experts and even the federal watchdog estimate the number is much higher. "The U.S. government has continued to be the largest international donor supporting the Afghan people since the former Afghan government collapsed and the Taliban returned to power in August 2021," the federal watchdog, SIGAR, wrote in ...
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