Colorado lawmakers on Monday gave final approval to a $43.9 billion spending plan that cuts funding for transportation projects, local governments and dozens of social programs in order to keep up with the rising costs of health care and education.
Colorado lawmakers pass budget cutting roads, aid to keep health care afloat Read More »
Colorado state House legislators on Wednesday debated and advanced a $44 billion spending plan for the next fiscal year.
They also approved 63 “orbital” bills designed to change state law in order to balance the state budget.
As introduced, the fiscal year 2025-26 budget stands at $43.9 billion, including $17 billion in general funds and $14 billion in federal dollars. General funds are the discretionary dollars, derived from individual and corporate income taxes, as well as sales and use taxes. Cash funds make up the rest, about $12.8 billion.
Lawmakers’ biggest hurdle is closing a $1.2 billion general fund shortfall, driven by higher-than-expected Medicaid costs and a structural deficit.
House approves $44B budget, GOP spending cut efforts rejected Read More »
The House of Representatives has adopted a resolution that will eventually become a massive multi-trillion-dollar bill full of President Donald Trump’s priorities on the border, defense, energy and taxes.
Trump budget bill extending first-term tax cuts survives House vote Read More »
