Story perspectives
Colorado Governor Unveils $252 Million Budget Cuts Amid Shortfall
8/29/2025
1 of 2
Polis Announces Budget Cuts
- Colorado Governor Jared Polis announced $252 million in budget cuts, mainly impacting Medicaid and higher education, due to a $750 million shortfall.
- The Department of Health Care Policy and Financing will face a $79 million reduction, affecting provider reimbursement rates.
- Polis linked the budget crisis to federal tax cuts under President Trump's legislation, which he claims diminished state revenues.
- The plan includes a hiring freeze to save $3 million and a $325 million withdrawal from state reserves, lowering them from 15% to 13%.
- Bipartisan concerns arose regarding the cuts' effects on healthcare and education, prompting calls for alternative reductions.
1 / 2
