Please follow us on Gab, Minds, Telegram, Rumble, Gettr, Truth Social, Twitter
The Colorado Legislature is expected to convene a special session this summer following the passage of President Trump's One Big Beautiful Bill.
The legislation includes significant reductions to federally supported programs such as Medicaid and food assistance, moves that Republicans claim are targeted at reducing waste, fraud, and abuse of the third rail programs. Democrats claim all the children are going to starve, insisting that waste, fraud, and abuse of disinformation.
Colorado's Office of State Planning and Budgeting estimates that the law will decrease state revenues by $500 million while simultaneously increasing state costs by another $500 million, due to the need to maintain funding levels for programs that have lost federal support.
According to USA Facts, "Colorado received $18.4 billion in federal transfers in FY 2022. Of that funding, 45% supported public welfare programs (primarily Medicaid and TANF), with education, health, infrastructure, and other programs making up the rest." (Available data as of February 13, 2025)
Further, according to the Common Sense Institute, about 30% of Colorado’s state budget comes from federal funds. For fiscal year 2025, federal funds make up approximately 30.3% of the state's total appropriations—alongside general funds (37.6%), cash funds (30.6%), and capital construction funds (1.5%).
As a result of this objective financial crisis for Colorado's over spenders, Jared Polis is expected to summon the General Assembly back to the Capitol to figure out what to do about the budget... and they likely won't let their special session opportunity go to waste. From TSS Colorado:
"US Senators stripped...a 10-year moratorium on states enacting artificial-intelligence regulations beyond federal law. That move is likely to restart talks between tech-industry executives and consumer advocates over how to soften regulations passed by General Assembly in 2024 — a subject that the Democratic governor has hinted we would add to any special-session agenda."
This change opens the door for renewed debate in Colorado over AI legislation passed in 2024. Governor Jared Polis has indicated that the issue of artificial intelligence regulation could be added to the agenda of the anticipated special session, alongside budget adjustments.
Please follow us on Gab, Minds, Telegram, Rumble, Gettr, Truth Social, Twitter
