Home » Colorado lawmakers must cut $1 billion from state’s current budget because of GOP federal tax and spending bill

Colorado lawmakers must cut $1 billion from state’s current budget because of GOP federal tax and spending bill

Presentations about the so-called Big, Beautiful Bill to the Executive Committee of the Legislative Council on Wednesday was a precursor to a special lawmaking term expected to be called by Gov.

This story was produced as part of the Colorado Capitol News Alliance. It first appeared at coloradosun.com.

Colorado lawmakers must cut about $1 billion from the state budget for the current fiscal year, which began July 1, to address tax revenue reductions caused by the federal spending bill passed by Republicans in Congress earlier this month.