Story perspectives

Colorado Senate redirects $37.5B to schools, children fund

4/26/2026

Summary

Story summary

April 25, 2026 Colorado Senate approved a “Government Waste Fund” redirecting $37.5 billion in refunds to education and a Children’s Fund.
Senator Barb Kirkmeyer called the plan a slush fund and said $28.5 billion Children’s Fund lacks details.
Senator Jeff Bridges amended the $9 billion portion for pay, retention, smaller classes, and trade education.
Analysts estimate taxpayers will lose $7,381 in refunds; Senate passed the measure by voice vote for a November ballot.

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Story summary

April 25, 2026 Colorado Senate approved a “Government Waste Fund” redirecting $37.5 billion in refunds to education and a Children’s Fund.
Senator Barb Kirkmeyer called the plan a slush fund and said $28.5 billion Children’s Fund lacks details.
Senator Jeff Bridges amended the $9 billion portion for pay, retention, smaller classes, and trade education.
Analysts estimate taxpayers will lose $7,381 in refunds; Senate passed the measure by voice vote for a November ballot.