Rocky Mountain Voice

Tag: Healthcare Funding

Colorado Liberal Coalition Seeks To Unwind TABOR With Graduated Income Tax Plan
State, Approved, The Colorado Sun

Colorado Liberal Coalition Seeks To Unwind TABOR With Graduated Income Tax Plan

By Jesse Paul | The Colorado Sun The plan would increase income taxes on people earning at least $506,000 in annual taxable income to raise more than $2 billion each year for things like health care, education and public safety. People earning less would get a tax cut. A group of liberal advocacy groups is pursuing a 2026 ballot measure that would change the state constitution to enact a graduated income tax rate in Colorado and raise more than $2 billion each year for services like health care, education and public safety. The plan would increase income taxes on people earning at least $506,000 in annual taxable income. The proposal would lower the income taxes on people earning less, who represent the vast majority of Colorado taxpayers. The changes would also apply to busine...
Polis Plans Special Session After Trump’s Budget Bombshell: Dems See Opportunity to Revive Agenda
State, Approved, The Sum & Substance

Polis Plans Special Session After Trump’s Budget Bombshell: Dems See Opportunity to Revive Agenda

By Ed Sealover | The Sum & Substance Passage Thursday of the budget-cutting “One Big Beautiful Bill” essentially mandates that the Legislature will return to the Capitol for a special session this summer to deal with aspects of the federal law impacting Medicaid funding and artificial-intelligence regulation. Gov. Jared Polis’ Office of State Planning and Budgeting estimates the bill’s reductions to Medicaid spending, food assistance and other benefits that are largely or partially federally funded will cut state revenues $500 million and boost state costs another $500 million. That will necessitate legislators to come back and re-balance the budget, likely by reducing funding to a number of other programs. And before passing the bill, a bipartisan group of U.S. senators strip...

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