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Colorado lawmakers aim to address inequities among communities in the state budget proposal
KMGH
and last updated 2021-04-07 20:45:26-04
DENVER â The Colorado Joint Budget Committee has released its appropriations bill, also known as the long bill, earlier than normal this year. Committee members say this yearâs budget is more focused on addressing funding inequities in the state.
The long bill covers the stateâs roughly $34.6 billion budget to fund everything from education to health to transportation.
After cutting billions last year, the economic forecast for the state is looking much more promising this year, meaning some cuts can be restored and lawmakers can focus on targeted investments.
Jennifer Brown
The Colorado Sun
Colorado’s middle class is shrinking, and the lifestyle long associated with it homeownership, a car, college savings and occasional vacations is getting harder to achieve.
That’s been the economic trend in the state, and across the country, for decades. But new research suggests Colorado’s public investments or lack of them could be better directed to help people climb out of poverty and into a true middle-income lifestyle.
The takeaway from the latest Bell Policy report: When Colorado invests in education or judicial system programs meant to keep people out of prison, people’s ability to buy a home increases. And when the state pours more money into prisons, it declines, at least among communities of color.
Colorado’s stagnant budget isn’t helping the shrinking middle class, report finds Jennifer Brown, The Colorado Sun © Timothy Hurst/The Coloradoan Homeowner Kevin Hale works to remove a pane of glass on his home while remodeling the interior with Front Country Carpentry LLC on Tuesday, June 4, 2019, on South Grant Street in Fort Collins, Colo.
Colorado’s middle class is shrinking, and the lifestyle long associated with it homeownership, a car, college savings and occasional vacations is getting harder to achieve.
That’s been the economic trend in the state, and across the country, for decades. But new research suggests Colorado’s public investments or lack of them could be better directed to help people climb out of poverty and into a true middle-income lifestyle.
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