Rocky Mountain Voice

Tag: State Budget

Colorado Lawmakers Hand Polis Authority for $300 Million in Spending Cuts
State, Approved, DENVER7

Colorado Lawmakers Hand Polis Authority for $300 Million in Spending Cuts

By Brandon Richard | Denver7 The governor could make up to $300 million in spending cuts as part of the Democrats' plan to fix the budget gap. DENVER — Colorado’s special session is over, but there’s still more work to do to address the state’s $783 million budget gap. Most of that work will fall to Governor Jared Polis. Colorado’s Democratic legislative leaders have a three-part plan to address the budget gap. They took care of one part of that plan during their six-day special session when they cut several corporate tax breaks. "I'm grateful my colleagues didn't shy away from this challenge,” said Senate President James Coleman, D-Denver. “We faced it head-on. We rolled up our sleeves. We acted like the adults in the room." But they’re leaving the other two parts of...
Colorado absorbed 43,000 illegal immigrants in 2 years as taxpayers foot the bill
Breitbart, Approved, State

Colorado absorbed 43,000 illegal immigrants in 2 years as taxpayers foot the bill

By Warner Todd Huston | Breitbart Colorado gained 43,000 illegal aliens in just two years, a report revealed. The estimated number of illegal aliens living in Colorado jumped from 160,000 in 2021 to more than 200,000 by 2023, according to the latest report by Pew Research Center. The largest number of those illegals ended up in and around Denver, the paper reported. The number has jumped even more in the years covered by the Pew report, according to the Denver News Gazette. The paper noted that city officials pegged the number of illegals entering Denver at 43,000, of which about 20,000 have remained living in the city. The Gazette also claimed that the influx of illegals has cost the taxpayers of the city of Denver at least $100 million. The D...
Colorado GOP Says Special Session Fell Short as Democrats Claim Progress
State, Approved, DENVER7

Colorado GOP Says Special Session Fell Short as Democrats Claim Progress

By Colleen Slevin | Denver7 Governor Jared Polis is expected to address the remaining $500 million budget gap in a presentation to the Joint Budget Committee on Thursday. DENVER — Colorado's special legislative session ended on Tuesday after six days. The success of the session depends on which state lawmaker you ask. Governor Jared Polis called the session on Aug. 6 to address the state's $1.2 billion budget hole, which he said was created by tax changes made in President Donald Trump's One Big Beautiful Act (H.R.1). According to the governor and fellow Colorado Democrats, Colorado will collect less revenue than expected when lawmakers approved the state budget in May. Some of that $1.2 billion revenue loss was absorbed by the state education fund and the affordable housing fu...
Colorado Lawmakers Clash Over Wolves, Health Subsidies and State Budget
State, Approved, The Denver Gazette

Colorado Lawmakers Clash Over Wolves, Health Subsidies and State Budget

By Marianne Goodland | The Denver Gazette Day three of the legislature's special session ended with the Senate working late into the night to begin debate on the House tax bills sent over earlier in the day, after the House wrapped up voting on those measures, along with bills on health insurance and the Healthy School Meals for all ballot measures. The House's work Saturday night included debate on Senate Bill 5, which would prohibit Colorado Parks and Wildlife from using general fund dollars to acquire more wolves in the current fiscal year. The bill also diverts $264,000 to the Health Insurance Accountability Enterprise to pay for subsidies for health insurance premiums purchased through the state exchange. Those premiums are expected to soar for the individual market by as much a...
Lawmakers Pass The Buck On Budget Deficit Leaving Decisions To Governor Polis
State, Approved, The Gazette

Lawmakers Pass The Buck On Budget Deficit Leaving Decisions To Governor Polis

By Marianne Goodland | The Gazette Most measures introduced for special session offer no clear plan to solve budget deficit. More than two dozen bills have been introduced ahead of Thursday’s special legislative session, where lawmakers will try to come up with nearly $800 million in budget cuts. What’s notably absent from the proposed bills so far is any clear plan for how those cuts would be made. Indeed, only one bill even hints at specific reductions — a proposal from Western Slope lawmakers to cut $264,000 from the state’s wolf management program and redirect that money to help pay for health insurance subsidies. There are two bills, similar in some regards, from members of the Joint Budget Committee, that deal with Gov. Jared Polis' authority to enact spending cuts whe...
What shrinking state and local payrolls could mean for your wallet
Fox31, Approved, Local

What shrinking state and local payrolls could mean for your wallet

By: Raquel Villanueva | FOX31 Denver DENVER (KDVR) —The city of Denver completed its layoff process for 171 workers on Tuesday, after the city already cut 665 unfilled positions on Monday. The city says the efforts will save $100 million. But what do the layoffs mean for Denver’s economic future? A local economist gave FOX31 some insight. The city’s personnel cuts could certainly help its economic outlook, but an expert says this could just be the beginning of tough times. “If this trend continues, then it is not a very good situation. I think we will have a pretty severe impact of recession maybe by the end of this year or maybe even next year,” said Kishore Kulkarni, a distinguished professor of economics at MSU Denver. With Denver’s budget $200 million short for next...
New Era Colorado exploits budget crisis to push higher taxes
Colorado Accountability Project, Approved, Commentary, State

New Era Colorado exploits budget crisis to push higher taxes

By Cory Gaines | Commentary, Colorado Accountability Project New Era Colorado Using CO's budget crisis to push a graduated income tax. I wanted to share a tweet I saw from Free State Colorado recently. The tweet is linked first below if you want to see the original (and/or follow them on Twitter--which you should if you're not following them some other way). If you don't have twitter, the subject of the tweet is how progressive policy organization New Era Colorado is pushing for a "graduated" income tax and using current Federal policy + the state's budget problems as justification. Free State Colorado put up pictures of an email that New Era sent out on Aug 6th encouraging their followers to write in an email encouraging what they call a graduated income tax in Colorado. I...
Gaines: Colorado’s add-back taxes are a backdoor tax on overtime
Colorado Accountability Project, Approved, Commentary, State

Gaines: Colorado’s add-back taxes are a backdoor tax on overtime

By Cory Gaines | Commentary, Colorado Accountability Project The Great Colorado Add Back? My state senator (B Pelton) alerted me to something you'll almost certainly see in the coming state special session: add back taxes. I thought it would be good to give some resources on that so you'll better understand it and (I hope) be a better advocate on the issue. This is something I will follow up on as the special session gets going; Sen Pelton is running a bill to make such taxes conform to TABOR limits. I have asked for a copy of that bill and will share if and when I get it. There are many different kinds of tax add backs, but I'll stick to the topic of state income tax add backs because I can use the link below as a reference. The State of Colorado weblink at bottom gives ...
Colorado faces $1B hole: Governor Polis calls special session called and imposes state hiring freeze
denvergazette.com, Approved, State

Colorado faces $1B hole: Governor Polis calls special session called and imposes state hiring freeze

By Marianne Goodland | Denver Gazette Gov. Jared Polis will convene the legislature on Aug. 21 to enact cuts to the state budget amid a $1 billion deficit, even as he is instituting a hiring freeze. The governor said the hiring freeze in state agencies will start on Aug. 27.   The governor confirmed that, in addition to spending reductions, the special session will deal with AI regulation. Lawmakers approved new AI regulations last year. They are expected to go into effect Feb. 1, 2026. The AI law established rules around the use of artificial intelligence, primarily in employment, health care, education, and government practices, where, backers said, the risk of bias or discrimination exists. Businesses have argued that the new law is problematic, potentially penaliz...
Gaines: Medicaid bloat is eating Colorado’s budget after a decade of federal expansion
Colorado Accountability Project, Approved, Commentary, State, Top Stories

Gaines: Medicaid bloat is eating Colorado’s budget after a decade of federal expansion

By Cory Gaines | Commentary, Colorado Accountability Project Colorado's Medicaid bloat under Obamacare In the first post of this series, I briefly went over Colorado's Medicaid financing (how much and on what). If you want or need that context, it's the first link below. In the second part of the series, I want to talk about how Medicaid got expanded by the Feds--allowing more people to get on government-funded healthcare-- and how Colorado leapt at the expansion like a shot. There were two recent (and big) expansions of Medicaid: the first was the Affordable Care Act (Obamacare) which expanded Medicaid coverage to people (including those without any disability or children)making up to 138% of the Federal Poverty wage. Screenshot 1 is a summary of the changes, it comes from...