Gov. Jared Polis (D-CO) announced $252 million in spending cuts to address Colorado ’s $750 million budget gap caused by federal tax changes.
The cuts come just days after the Colorado legislature, in a special session, approved changes to the state’s business tax policy to reduce the size of the budget deficit by a third, generating $244 million in tax revenue.
Recommended Stories
Labor Day weekend protests expected in DC area
Not monkey business: PETA and RFK Jr. find common ground
Trump revokes Kamala Harris's Secret Service detail ahead of book tour
The largest cut will affect the state’s Department of Health Care Policy and Financing, which administers Medicaid, as it will lose $79 million. Medicaid providers took the largest hit, with a $38 million reduction in reimbursemen