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Tag: Fiscal Policy

$46.8 Billion Colorado Budget Reflects Rising Medicaid Costs and Hard Choices
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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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Colorado Bill Could Undermine TABOR Protections Redirecting Billions Away From Taxpayers
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Complete Colorado, Approved, Commentary, State

Colorado Bill Could Undermine TABOR Protections Redirecting Billions Away From Taxpayers

By Nash Herman | Commentary, Complete Colorado Senate Bill 135, legislation that could permanently end the refund of overcollected tax dollars, as well as radically raise revenue limits under Colorado’s Taxpayer’s Bill of Rights (TABOR) amendment, just received a new fiscal note predicting an even bigger blank check for the legislature than before.  This follows the updated revenue forecast presented to the Joint Budget Committee (JBC).  Let’s see what changed.  Budget hole gets bigger Legislative analysts predict that this year’s “budget shortfall” will be approximately $1.5 billion, based on the March 2026 Economic and Revenue Forecast.   While that means a haircut to General F...
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Colorado Legislative Malpractice
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Rocky Mountain Voice, Commentary, State, Top Stories

Colorado Legislative Malpractice

By Michael Hancock | Guest Commentary, Rocky Mountain Voice When Ideology Replaces Stewardship, the Patient Doesn’t Recover — It Declines There is a reason malpractice carries such moral weight in medicine. A physician is entrusted with the care of a patient. When that trust is violated—through negligence, arrogance, or ideological blindness—the consequences are not abstract. They are physical, measurable, and often irreversible. What we are witnessing in Colorado today is a different form of malpractice. Not medical, but legislative. The patient is the state itself—its economy, its infrastructure, its fiscal health, and ultimately, its people. And the pattern is becoming increasingly difficult to ignore: policies enacted not in service of long-term stability, but i...
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Colorado Budget Shortfall Sparks Questions Over Spending Priorities
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Complete Colorado, Approved, State

Colorado Budget Shortfall Sparks Questions Over Spending Priorities

By Rep. Scott Bottoms | Commentary, Complete Colorado The Colorado House of Representatives recently received the unwelcome news that the state faces a $1.5 billion shortfall as they craft the state’s budget for fiscal year 2026-27. This troubling development comes on top of last year’s $750 million deficit. The shortfalls are odd because overall government spending has increased dramatically: since 2019 (the year Democrats took over the House, Senate, and governor’s office), Colorado’s population has increased by 4.4%, while at the same time, the state’s annual budget has increased by 43.6% (roughly 10 times the rate of population growth). Think about that. Fiscal malpractice In the midst of these fiscal straits, you’d think legislators...
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When “Protecting Seniors” Meets Fiscal Reality: A Self-Inflicted Crisis
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Rocky Mountain Voice, Commentary, State, Top Stories

When “Protecting Seniors” Meets Fiscal Reality: A Self-Inflicted Crisis

By Rep. Ken DeGraaf | Guest Commentary, Rocky Mountain Voice Any legislator who has opened their inbox lately has seen the urgent appeals: AARP warning that Colorado’s Senior Homestead Property Tax Exemption is under threat. The message is emotionally compelling—and fundamentally correct. Eliminating or weakening the exemption would amount to a tax increase on seniors, many of whom live on fixed incomes after decades of contributing to their communities. But what those emails don’t say is just as important as what they do. Because the current threat to the exemption did not emerge in a vacuum. It is the predictable result of a broader shift in Colorado’s fiscal philosophy—one that AARP itself has helped advance. A Record of Priorities—And Who Gets Left Behind If the curr...
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As climate costs rise, will Colorado follow New York’s “breathing room” playbook?
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Colorado Accountability Project, Approved, Commentary, State

As climate costs rise, will Colorado follow New York’s “breathing room” playbook?

By Cory Gaines | Commentary, Colorado Accountability Project NY’s narrative on “breathing room” for climate mandates here in Colorado? I got the issue of Sarah Montalbano's energy newsletter about a week ago.** In it, Ms. Montalbano details how New York Governor Hochul recently mentioned how that state needs some "breathing room" on its self-imposed climate mandates. This is a site/newsletter dedicated to Colorado issues, so I will leave the rest of her newsletter there, save for one quote which will be relevant for us here. Quoting with links left intact: "Hochul blamed factors such as a 'global pandemic,' and 'some of the highest inflation we had seen in years,' for rattling supply chains, as well as a 'hostile' administration in Washington eli...
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Lawmakers Face Tough Choices As Medicaid Spending Explodes Crushing State Budget
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Colorado Politics, Approved, State

Lawmakers Face Tough Choices As Medicaid Spending Explodes Crushing State Budget

By Nico Brambila | Colorado Politics The state’s Medicaid program — which covers about one in four Coloradans — is poised for its largest single-year jump in at least two decades, with officials proposing a $2.3 billion increase, even as lawmakers face a $1.5 billion budget shortfall. The data shows Medicaid enrollment has grown steadily, while spending has increased far more rapidly — more than fivefold since 2007. As lawmakers begin work this week on next year’s budget, they will have to grapple with Medicaid spending, which has overtaken K-12 education as the largest line item in the state budget. “What’s even more alarming, over the past five years, Medicaid expenses have averaged 19%,” said state Rep. Rick Taggart, a Grand Junction Republican. “This ...
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Vance Leads Push To Crack Down On $250 Billion In Federal Fraud
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The Federalist, Approved, National

Vance Leads Push To Crack Down On $250 Billion In Federal Fraud

By Breccan F. Thies | The Federalist The task force has a wide range of activity that it considers fraud. The Trump administration’s efforts to attack government fraud are beginning in earnest, with a memo directing the first steps for the President’s Task Force to Eliminate Fraud, which the government says accounts for $250 billion in losses every year. “Every year, hardworking Americans pay taxes to fund a vast benefits system for citizens in need. These benefits programs are laudable and are a testament to the generosity of the American people,” the memo to task force members from Vice President J.D. Vance and Federal Trade Commission Chairman (FTC) Andrew N. Ferguson, who serves as the task force’s vice chair, states. “Unfortunately, these programs have b...
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Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits
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Complete Colorado, Approved, State

Colorado Progressives Blame TABOR For $1.5B Budget Gap While Expanding Costly Tax Credits

By Nash Herman | Commentary, Complete Colorado Karl Marx, co-author of The Communist Manifesto, once wrote “History repeats itself, first as tragedy, then as farce.” We’re watching a version of this play out at the Colorado State Capitol. Like thousands of enlightened technocrats who came before them, Colorado’s progressive legislators believe that they are uniquely endowed to once and for all fix structural flaws in the state’s budget and finally bring “fairness” and “equality” to Colorado.  If they could only eliminate the Taxpayer’s Bill of Rights (TABOR, heavily tax the rich, and preserve their preferred special interest tax breaks, then Colorado would have heaven on Earth.  Really, this farcical display will only serve to destroy Co...
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HB26-1240: Colorado Democrats Expand Tax Giveaways—and Eat Your TABOR Refund
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Colorado Accountability Project, Approved, Commentary, State

HB26-1240: Colorado Democrats Expand Tax Giveaways—and Eat Your TABOR Refund

Cory Gaines | Commentary, Colorado Accountability Project HB26-1240 (linked first below) is a great example of tax policy which mimics a dynamic I have seen with other policy such as gun control. Rather than taking all in one big shot, something that would get all kinds of undue attention, you take in a piecewise manner. E.g. in year 1 you get red flag laws passed, but they’re limited so as to not cause too much heartburn. When that settles down, you can then spend subsequent years making additions to that first law. In the case of HB26-1240, you start by offering expanded tax credits to people and then you expand the credits further. In order to fully appreciate what I mean, we have to do some background first. Colorado’s Earned Income Tax Credit (EITC) is another ...
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