Tag: Structural Deficit

By Jesse Paul | The Colorado Sun Nonpartisan staffers told lawmakers this month that the way they spent billions of dollars in one-time federal funds given to Colorado during the COVID pandemic contributed to the state’s budget shortfall. he Colorado legislature is at least partially to blame for the structural deficit forcing lawmakers this year to cut state programs and services to address a roughly $850 million funding shortfall.  The General Assembly contributed to the deficit through its handling of billions in one-time federal funding that flowed into Colorado during the coronavirus pandemic, nonpartisan staff for the legislature’s powerful Joint Budget Committee told the panel earlier this month. At issue was how some of that money was used...