Tag: Rainy Day Fund

By Scott K. James | Commentary, Scott K. James Dems filled about $253M of a $783M gap by ending tax breaks, then handed the real cuts to Polis and the reserves. One-third fixed. Two-thirds punted. The Denver Post reports that the Special Session Show wrapped after Democrats plugged about $253 million of a $783 million shortfall by ending tax breaks and other revenue moves. Roughly $530 million still yawns open. That hot potato now rolls to Gov. Jared Polis, who is expected to mix mid-year cuts with a deep dip into reserves. Eleven bills head to his desk. The biggest moneymaker, HB25B-1004, auctions tax credits for a one-time cash hit this year while sacrificing future revenue. The Post also notes the partisan script. Democrats...