{"id":16509,"date":"2025-09-21T05:00:00","date_gmt":"2025-09-21T11:00:00","guid":{"rendered":"https:\/\/dh.durangoherald.com\/tj\/a-budgetary-crisis-what-happened-during-the-special-session\/"},"modified":"2026-03-25T19:37:13","modified_gmt":"2026-03-25T19:37:13","slug":"a-budgetary-crisis-what-happened-during-the-special-session","status":"publish","type":"post","link":"https:\/\/dh.durangoherald.com\/tj\/a-budgetary-crisis-what-happened-during-the-special-session\/","title":{"rendered":"A budgetary crisis: What happened during the Special Session"},"content":{"rendered":"<p>Last week was a difficult week for Colorado \u2013 and for our country. The ache of gun violence is persistent nationally, and another school has been impacted by this inexplicable harm. Amid these challenges, the state also faced urgent financial pressures that demanded swift action at the Capitol.<\/p>\n<p><figure class=\"wp-block-image naviga-inline-image\"><img decoding=\"async\" src=\"https:\/\/imengine.public.prod.dur.navigacloud.com\/?uuid=01a6757a-1b21-55d5-85f7-76ca291c2196&#038;function=cover&#038;type=preview&#038;source=false&#038;width=2000\" width=\"300\" height=\"200\" alt=\"Stewart\" class=\"naviga-image\" loading=\"lazy\" \/><figcaption><span class=\"caption\">Stewart<\/span><\/figcaption><\/figure>\n<p>I want to update you on what happened during last month\u2019s special legislative session and how we responded to the fallout from the so-called \u201cBig Bill.\u201d<\/p>\n<p>As I mentioned in my previous columns (<em id=\"emphasis-b6170d8460bd5249ae4aac4c304dde69\">Journal<\/em>, <a href=\"https:\/\/www.the-journal.com\/articles\/federal-cuts-and-frozen-funds-threaten-southwest-colorado-schools-hospitals-individuals-and-famili\/\" id=\"link-e8c35b102e77a642999a20d760c65256\" target=\"_blank\" rel=\"noopener\">July 18<\/a>, <a href=\"https:\/\/www.the-journal.com\/articles\/hr1s-1-2-billion-impact-on-colorados-budget-shifts-costs-to-state-increases-health-care-costs-30\/\" id=\"link-a92d88fd9498516f8ab3d74eca32d834\" target=\"_blank\" rel=\"noopener\">Aug. 15<\/a>), the passage of HR1 and its sweeping federal tax changes created an immediate and significant budget shortfall for Colorado. Last year, when facing a similarly sized deficit, the Legislature\u2019s Joint Budget Committee spent months working through the budget \u2013 meeting with state agencies, school districts, hospitals, and service providers to lessen the impact on everyday Coloradans.<\/p>\n<p>The 2025 Extraordinary Session lasted six days, the longest in 23 years. With limited time, we prioritized the most urgent issues. The federal tax cuts effectively wiped out our expected Taxpayer\u2019s Bill of Rights surplus, leaving a $700 million deficit for this year alone. Colorado\u2019s budget is a moral document reflecting our state values, and it\u2019s imperative that we be deliberate in closing the gap caused by HR1.<\/p>\n<p>To help reduce the shortfall, we:<\/p>\n<div class=\"naviga-element naviga-x-im-unordered-list\">raised an estimated $250 million by closing corporate tax loopholes and decoupling Colorado\u2019s tax policy from the new federal system.allowed businesses to prepay taxes, which will generate an additional $125 million.redirected $100 million from the state\u2019s unclaimed property fund to the Health Insurance Affordability Enterprise, which directly reduces health insurance premiums for Coloradans.<\/div>\n<p>These measures brought the shortfall down to $250 million. To cover the rest, we passed legislation requiring the governor and JBC to implement temporary cuts this fall, while keeping essential services like the Department of Corrections operational until the full budget process in the regular session this winter.<\/p>\n<p>I want to be clear: These are not ideal sources of funding. In May, we passed a balanced budget \u2013 and we did not expect Congress, with support from Colorado\u2019s Republican delegation, to slash more than $900 billion in federal funding. These cuts have created an unprecedented challenge, and we\u2019re doing our best to protect core services.<\/p>\n<p>One critical program at risk is the Supplemental Nutrition Assistance Program. During special session, I sponsored a bill to amend the Healthy School Meals for All initiative, allowing additional revenue from the program to support SNAP. This bill passed with bipartisan support, and the updated initiative will be on your ballot this November.<\/p>\n<p>We also passed SB25B-002, directing the Department of Health Care Policy and Financing to use state funds to reimburse medical providers barred from receiving Medicaid and Medicare payments because of HR1 changes. This ensures essential health providers \u2013 especially in rural and underserved areas \u2013 can continue offering care and Coloradans maintain access to vital services.<\/p>\n<p>Lastly, a bit of potentially good news. Many families on the Western Slope rely on the Enhanced Premium Tax Credit to afford health insurance. Without it, premiums could spike dramatically, in some instances as much as 300%. Although Congress failed to extend the program this summer, there is now a bill to renew it \u2013 and Rep. Jeff Hurd has signed on. If this issue affects you or your family, I encourage you to reach out to Rep. Hurd and urge him to push for passage.<\/p>\n<p>Katie Stewart represents House District 59 in the Colorado State House, which encompasses Archuleta, La Plata and San Juan counties and most of Montezuma County. Reach her at <a href=\"katie.stewart.house@coleg.gov\" id=\"link-c8d30d3c1e145c6f7da070e95a62b516\" target=\"_blank\">katie.stewart.house@coleg.gov<\/a><em id=\"emphasis-611d9f7966dee31d7a3dbb0326044034\">.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>week was a difficult week for Colorado \u2013 and for our country. The ache of gun violence is persistent nationally, and another school has been impacted by this inexplicable harm. Amid these challenges, the state also faced urgent financial pressures that demanded swift action at the Capitol. Stewart I want to update you on [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16510,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[],"tags":[125],"naviga_topic":[],"class_list":["post-16509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-newsletter-opinion"],"acf":[],"author_name":"dh_admin","_links":{"self":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/16509","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/comments?post=16509"}],"version-history":[{"count":2,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/16509\/revisions"}],"predecessor-version":[{"id":20242,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/posts\/16509\/revisions\/20242"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media\/16510"}],"wp:attachment":[{"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/media?parent=16509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/categories?post=16509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/tags?post=16509"},{"taxonomy":"naviga_topic","embeddable":true,"href":"https:\/\/dh.durangoherald.com\/tj\/wp-json\/wp\/v2\/naviga_topic?post=16509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}