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Colorado Faces $1.2B Budget Crisis, Lawmakers Clash

8/2/2025

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Summary

Story summary

Colorado is grappling with a staggering $1.2 billion budget shortfall, igniting fierce debates among lawmakers over potential cuts to essential programs. Democrats attribute the revenue drop to President Trump's tax reforms, while Republicans point fingers at Democratic spending habits. In response, Governor Jared Polis is considering a special session, his fourth since taking office in 2019, to tackle this urgent crisis.

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Story summary

Colorado is grappling with a staggering $1.2 billion budget shortfall, igniting fierce debates among lawmakers over potential cuts to essential programs. Democrats attribute the revenue drop to President Trump's tax reforms, while Republicans point fingers at Democratic spending habits. In response, Governor Jared Polis is considering a special session, his fourth since taking office in 2019, to tackle this urgent crisis.