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Colorado Lawmakers Confront $1.2B Budget Crisis in Special Session

8/24/2025

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Story summary
  • Colorado lawmakers started a special session on August 21 to address a $1.2 billion budget shortfall linked to federal tax changes.
  • Governor Polis and Democrats attribute the deficit to corporate tax cuts, while Republicans dispute this.
  • Proposed bills focus on closing corporate tax loopholes and safeguarding essential services, including Medicaid funding for Planned Parenthood.
  • The session is anticipated to last five days, with multiple bills introduced to address the budget crisis.