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Transcripts for CNN The Situation Room 20140221 22:51:00

its own tax projections. it estimates the state will collect $184 million. here s colorado s plan for spending that money. $40 million automatically goes to public school construction. that was mandated by voters. then the governor wants to spend 85 million on youth prevention and substance abuse treatment. 3 million on law enforcement and public safety and nearly 2 million on industry oversight. i don t think the people who are buying marijuana want the tax money to be used to discourage adults from buying marijuana. reporter: while not everyone agrees on how that money should be spent and although still early, there s no denying the apparent economic boost that s come from recreational pot sales. of course, right now colorado and washington state are the only states that have legalized recreational marijuana. there are about eight other states that we found that are

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Transcripts for CNN CNN Newsroom 20140221 14:12:00

with athlete safety. kind of went crazy over here. certainly did. the part of the wolf video we didn t see shows kimmel following the wolf on a pair of skis. the international olympic committee says it doesn t have a problem with the prank video, it has a sense of humor. still to come in the newsroom, a new side effect from legalizing marijuana in colorado. the state may rake in more tax money from pot sales. cnn s and a cabrera there. reporter: good morning. pot is big business and big money in colorado. the state now projecting it will make about $200 million in the next 18 months on taxes of marijuana. we ll breakdown the new numbers when we come back. [ yodeling plays ] worst morning ever. [ angelic music plays ] toaster strudel! best morning ever! [ hans ] warm, flaky, gooey.

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Transcripts for CNN CNN Newsroom 20140221 14:18:00

office just released its own tax projections. it estimates the state will collect $184 million in tax revenues in the first 18 months of recreational pot sales. here is colorado s plan for spending that money. 40 million automatically goes to public school construction. that was mandated by voters. then the governor wants to spend about $85 million on youth prevention, and substance abuse treatment. 12.4 million on public health. about 3 million on law enforcement and public safety. and nearly 2 million on industry oversight. i don t think the people that are buying marijuana want the tax money to be used to discourage adults from buying marijuana. reporter: while not everyone agrees how the money should be spent, and although still early, there s no denying the apparent economic boost that s come from recreational pot sales. right now, of course, colorado and washington are the only

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84-million
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Transcripts for CNN CNN Newsroom 20140221 14:19:00

states where recreational pot is legal. washington is working through how it is going to regulate the sales. we know of at least eight other states that are currently considering this from california to maine and you ve got to think when they see the type of money colorado is projecting to ma make on taxing marijuana, that will probably have influence. i think so in these tough economic times. ana cabrera from denver. still to come, taxpayers turning a profit on the financial crisis. fannie mae and freddie mac cutting final checks. christine romans has that story. reporter: the battle days of the bailout, this one, one of the most ugly, expensive of the financial crisis, taxpayers shouldering a huge burden. but they re getting a paycheck. not all taxpayers are happy about it. i ll tell you why after the break. ses at the age of 80. helps reduce the risk of heart disease.

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Transcripts for CNN Anderson Cooper 360 20140104 01:11:00

simon, thank you for that report. coming up next, the marine corps broken new years resolution. they are delaying a mandate that female recruits do at least three after these, pullups. question is, what does that do with fighting and your ability to fight? anything. we ll ask two warriors, one male and one female. exploring the new economy of that. legal pot. recreational pot, and we re going to do this with someone that enjoys a novel job title, pot editor of a major american newspaper.

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