News

Colorado faces $3.3 billion hit to 2020-21 budget

By Blair Miller, Meghan Lopez DENVER7 Colorado lawmakers are looking at a budget shortfall of about $3.3 billion for the 2020-21 fiscal year including carryover from this year due to the effects of the coronavirus outbreak, according to a Legislative Council Staff economic forecast released Tuesday. State lawmakers said Monday they had expected to slash between $2 billion and$3

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State budget shortfall tops $3 billion

By Shaun Boyd CBS DENVER In just two months, the COVID19 crisis has caused the state’s general fund budget to go from a $27 million surplus to an $893 million deficit. “What has transpired over last two months unimaginable,” the legislature’s chief economist told budget writers. The coming year’s revenue forecast is even worse. In all,

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Colorado faces $6.8 billion hit to budget

By John Frank THE COLORADO SUN he economic crunch from the coronavirus means Colorado will need to immediately cut as much as $3.1 billion in state spending, an unprecedented 25% budget reduction that will force lawmakers to repeal entire initiatives and make deep reductions in education and health care. The budget hit for the fiscal year that begins

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Grim business of state budget cuts has begun

By Andrew Kenney and Bente Birkeland CPR NEWS Democratic State Sen. Rachel Zenzinger paused in her car, staring at the grey stone of the Legislative Services Building in downtown Denver before another all-day meeting on Thursday. She and the rest of the Joint Budget Committee had been at it for three days already, the grim business of looking

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States prepare for coronavirus fiscal storm

By Michael Rainey THE FISCAL TIMES State budgets will be crushed by the coronavirus crisis as millions of workers and businesses stop paying taxes, says Josh Goodman of Pew Charitable Trusts. But state officials are going to have to wait a few more weeks until they know just how bad their fiscal situations will be. Personal income

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Senators in virtual town halls answer questions about COVID-19

By Gabrielle Bye COLORADO TIMES RECORDER This afternoon, Colorado state Senators Rachel Zenzinger (D-Arvada) and Jeff Bridges (D-Greenwood Village) held telephone town halls to discuss updated information about COVID-19, as well as to answer constituents’ questions. Zenzinger and Bridges were both joined by Mara Brosy-Wiwchar from the Colorado Department of Public Health and Environment, and

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Legislature moves closer to suspending session

By Bente Birkeland CPR NEWS With the number of coronavirus cases climbing, there’s increasing discussion about taking the unprecedented step of temporarily closing the capitol and suspending the legislature, even as major bills remain in limbo. While no decision has been made, lawmakers held an unannounced meeting in the basement of the state capitol on

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Leading the way on military legislation

By Joey Bunch COLORADO POLITICS Colorado Springs area legislators led the way on bills that could do a lot for the state’s military members: lifting their pay in an emergency, caring for veterans and honoring those who serve their cause. Senate Bill 91 would raise the pay of the National Guard from $20 a day

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