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Medicaid took the brunt of the final reductions, include a reimbursement rate cut for providers and a cap on Cover All Coloradans, which provides health care to immigrants who are children or pregnant.
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A bill that would ask Colorado voters to put billions more toward school funding passed its first committee hearing.
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Advocates say Colorado schools are at 1989 spending levels and Census data consistently puts the state in the bottom 20 for per-student spending.
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Sponsors of industry-backed data center bill say they are amending it in ways that will change the fiscal projections.
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If the legislature and then voters sign off on the plan, every dollar of the surplus used for a tax credit over the next decade or more would be a dollar that could have otherwise been used for the general fund.
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The federal government shutdown delayed the release of key business and labor data, leaving forecasters in the dark about the true state of the economy.
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One reason is that the state is paying out more to lower income residents through targeted tax credits.
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Eliminate the cap? Use some of the excess to fund specific programs and services? Try to invalidate the 1992 constitutional amendment altogether?
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The big union bill, a resolution forcing a lawsuit aimed at dismantling the Taxpayer’s Bill of Rights and Gov. Jared Polis signature housing measure are all still pending with just five days left in Colorado’s 2025 legislative session.
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The suit would essentially force taxpayers to pay for an effort to dismantle the Taxpayer’s Bill of Rights, which was approved by voters in 1992