Knives out for $600M in cuts to Colorado budget
DENVER, Colorado ” State lawmakers are preparing to make millions of dollars in cuts to balance this year’s budget.
The Joint Budget Committee will meet Tuesday to begin making final recommendations on how to reduce the budget by about $600 million.
Next week, their recommendations will go to the full House and Senate for debate.
So far the committee has recommended about $360 million in cuts. They include a hiring freeze and taking more than $200 million from more than two dozen funds set up to pay for specific programs.
It’s not clear yet how many of those reductions would lead to cuts in services.
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Details of the cuts could change as the committee looks for another $250 million to cut.