(The Center Square) – Colorado is now expected to be nearly $100 million short of the statutory reserve requirement for fiscal year 2024-2025, according to state economists.

This comes as inflation is also expected to continue increasing through the end of the year, raising concerns about a potential recession.

This is all according to the Quarter Three Economic Forecast , which was released Monday by the Office of State Planning and Budgeting. The forecast laid blame on Republicans for Colorado's economic troubles, pointing to both federal tariff and trade policy and cuts in the federal One Big Beautiful Bill Act (H.R. 1).

“Today’s forecast again shows that the president’s reckless tariff taxes are increasing costs on consumers, sabotaging our economy, tightening the job market, an

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