Rocky Mountain Voice

Tag: Fiscal Policy

Colorado Democrats Push Plan To Redirect TABOR Refunds To State Spending
The Denver Gazette, Approved, State

Colorado Democrats Push Plan To Redirect TABOR Refunds To State Spending

By Marianne Goodland | The Denver Gazette A nonpartisan analysis of a proposed ballot measure that seeks to increase public education spending by tapping Taxpayer’s Bill of Rights refunds shows that about 75% of what would otherwise go to Colorado residents wouldn’t actually go to K-12 schools. Instead, those dollars would go into the state’s general fund pot — to be used by lawmakers for whatever purposes they choose. The analysis said that arrangement could start as soon as the 2028-29 fiscal year. What that means, according to the analysis, is that every taxpayer would lose $7,381 in TABOR refunds between the 2026-27 and 2036-37 fiscal years. At its core, TABOR requires a public vote in order to raise taxes. It also limits revenue growth. Notably, it r...
The Bell Colorado Voters Refuse to Hear
Rocky Mountain Voice, Commentary, State, Top Stories

The Bell Colorado Voters Refuse to Hear

By C. J. Garbo | Guest Commentary, Rocky Mountain Voice Colorado is not experiencing a surprise budget crisis, it is experiencing the predictable result of a decade of voter signals. As a recent exile, I can speak with new objectivity. Your legislature responds to incentives. Always. If you reward expansion of government, it expands. If you tolerate fiscal opacity, it deepens. If you ignore constitutional guardrails, elected officials learn they can ignore them too. The current 1.2 billion dollar budget shortfall did not appear overnight. It is the logical outcome of a political training program voters themselves created. Yes. Created. When voters repeatedly elect candidates who promise new programs without demanding sustainable funding, the legislature learns something ...
State Budget Passes With Medicaid Reductions And Broad Spending Cuts
CBS Colorado, Approved, State

State Budget Passes With Medicaid Reductions And Broad Spending Cuts

By Shaun Boyd | CBS Colorado The state Senate gave final approval Thursday to a new state budget. It came in at just under $47 billion, an increase of about $3 billion over last year. The discretionary portion of the budget -- the general fund -- is $17.4 billion. While lawmakers avoided cuts to K-12 education and higher ed, most state departments saw reductions, with the agency in charge of Medicaid taking the biggest hit. Medicaid spending makes up about 40% of this year's budget. It has been increasing dramatically over the last few years, in part because the legislature has expanded the services it covers. READ THE FULL ARTICLE AT CBS COLORADO
Colorado budget battle reveals deep divide over spending priorities
Complete Colorado, Approved, Commentary, State

Colorado budget battle reveals deep divide over spending priorities

By Rep. Scott Bottoms | Commentary, Complete Colorado Nearly two millennia ago Jesus of Nazareth said, “where your treasure is, there will your heart be also” (Matthew 6:21). Colorado’s Capitol is a long way in space and time from ancient Israel, but the principle remains and is often illustrated during the legislature’s annual budget week. We see where people’s values are by programs that lawmakers do – or do not – fund. The first observation about budget week is a broad one: Governor Polis and majority Democrats like to make a distinction between Washington DC and Denver. They speak of the ‘Colorado way’ so as to suggest that the dirty and deceitful politics of the national capitol never make their way to the state one. Don’t believe it. Here’s an example: with all the talk of ...
Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap
The Denver Gazette, Approved, State

Polis Budget Plan Seeks To Keep Your TABOR Refund To Close Colorado Budget Gap

By Marianne Goodland | The Denver Gazette Tucked deep within the hundreds of pages of the proposed $46.8 billion 2026–27 state budget is a line item showing $306.1 million in savings — achieved by canceling TABOR refunds. Gov. Jared Polis has recommended withholding TABOR refunds in both 2026–27 and 2027–28. His budget proposal says the state accidentally overpaid $306.1 million in refunds during the 2025–26 fiscal year. According to the governor’s office, the overpayment stemmed from federal budgetary changes that affected how the state calculated revenue for 2024–25. Those revised calculations led to higher-than-appropriate refunds being issued in 2025–26, according to the Polis administration. The request argued that if the federal budget’s impact on 2024–25 ...
Where did your TABOR refund go? Follow the spending
Rocky Mountain Voice, Commentary, State, Top Stories

Where did your TABOR refund go? Follow the spending

By Jarvis Caldwell and Gabe Evans | Guest Commentary, Rocky Mountain Voice TABOR, otherwise known as the Taxpayer's Bill of Rights, was created to protect Coloradans from bloated government spending, prevent politicians from overtaxing working families, and ensure extra revenue is returned to the people who earned it. But under Governor Polis' fiscal mismanagement and runaway spending, Coloradans are paying the price — through dramatically reduced TABOR refunds this year and no refunds at all next year.  TABOR is a provision in the Colorado Constitution passed by voters in 1992 that puts strict limits on how much the government can tax, spend, and grow unless otherwise voted on and approved. It ensures government spending increases only by inflation and population growth and...
Partisan Divide Sharpens Over Colorado Spending Plan As $46.8B Budget Moves to Senate
The Denver Gazette, Approved, State

Partisan Divide Sharpens Over Colorado Spending Plan As $46.8B Budget Moves to Senate

By Marissa Ventrelli | The Denver Gazette The battle over Colorado’s proposed $46.8 billion spending plan for next year shifted to the state Senate, which must decide whether to acquiesce to changes made by the House. The senators could also decide to adopt their own changes, which would force the two bodies to reconcile their differences. The state constitution requires a balanced budget, although that rarely stays balanced for long, and this year, lawmakers must plug a deficit of more than $1 billion. The proposed budget is actually bigger than the current year’s spending plan, driven by Medicaid costs. In the Senate, the budget is sponsored by Joint Budget Committee members Sens. Jeff Bridges, D‑Greenwood Village, Barbara Kirkmeyer, R‑Brighton, and Judy Amabi...
Colorado House Pushes Through $46.8 Billion Budget After Contentious Debate
Colorado Politics, Approved, State

Colorado House Pushes Through $46.8 Billion Budget After Contentious Debate

By Marianne Goodland | Colorado Politics The House on Saturday, after four days of work – it usually takes two – finished up their work and voted on the $46.8 billion 2026-27 state budget, as contained in House Bill 1410 and 64 accompanying measures designed to help balance the budget. The delay in getting to the finish line was caused by Rep. Brandi Bradley, R-Roxborough Park, who asked for the 661-page budget bill to be read at length, a computer-operated process expected to take up to 15 hours. That was on Wednesday, the first day the full House worked on the budget. The reading was laid over until late Thursday by House Majority Leader Rep. Monica Duran, D-Wheat Ridge. The reading didn’t start until after 6:30 p.m., to allow the House to finish wor...
Colorado budget showdown: GOP forces full reading of 661-page bill, halting debate
Colorado Politics, Approved, State

Colorado budget showdown: GOP forces full reading of 661-page bill, halting debate

By Marianne Goodland | Colorado Politics A procedural battle at the Colorado Capitol boiled over on Wednesday night, when a House Republican demanded the 661‑page state budget be read aloud in full — a move that delayed the advance of the proposed $46.8 billion spending plan. Colorado legislators are constitutionally required to adopt a balanced budget each year. For next year’s budget, they are grappling with $1.5 billion deficit in general fund dollars, compelling them to cut spending and reexamine programs, particularly in Medicaid, the major factor driving the deficit. In addition to the state’s Medicaid woes, Democrats have blamed Congress for Colorado’s fiscal woes, arguing the federal budget changed the revenue equation and caused the state budget to go unbalanced. Republic...
$46.8 Billion Colorado Budget Reflects Rising Medicaid Costs and Hard Choices
The Gazette, Approved, State

$46.8 Billion Colorado Budget Reflects Rising Medicaid Costs and Hard Choices

By Marianne Goodland | The Gazette The six-member panel of legislators in charge of crafting the state budget has now turned over its plan to the Colorado legislature, proposing to spend $1.5 billion more for the Medicaid program. The increase is driven by Medicaid costs, which forced the Joint Budget Committee to make cuts elsewhere. All told, House Bill 26-1410 proposes a state budget of $46.8 billion, with $17.3 billion coming from general funds, the revenue largely from corporate and individual income taxes, as well as from sales and use taxes. Notably, that general fund amount is 1.4% higher than the $17.1 billion in the 2025-26 budget. The 2025-26 budget, as approved by lawmakers a year ago, stood at $43.9 billion. It has changed significantly since...

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