The state of Colorado's budget shortfall is still growing. Add another $40 million to it, bringing the tally to more than $600 million for the fiscal year that ends in June, according to The Denver Post [2]. Though the state economy is showing signs of recovery, The Durango Herald [3] notes that one in 20 Colorado jobs has disappeared, and employment isn't likely to recover to pre-recession levels until after 2012. Still, a deficit is a deficit, and the state will need to reduce spending in order to balance the budget, despite the roughly $560 million in cuts that were already made for the fiscal year ending on June 30, reports the Denver Business Journal [4]. Governor Bill Ritter is expected to come up with a plan to address the situation. "We have more tough choices to make, choices that may be unpopular, but choices that are necessary to lead us to a strong and sustainable recovery," the Democrat says in a statement.