The state’s gross domestic product could shrink by almost $1.6 billion while the loss in state and local taxes could be $106 million next year.
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Colorado could lose thousands of jobs and see a more than $1 billion hit to the economy if Republicans pass cuts to anti-poverty spending through the public health program Medicaid and the nutrition program known as SNAP, according to a newly released study.
Colorado could lose 14,000 jobs in 2026. And the state’s gross domestic product could shrink by almost $1.6 billion. The loss in state and local taxes could be $106 million next year.
