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Keyword: medicaidcosts

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  • Colorado state budget deficit grows to $1.6B as Medicaid costs soar

    09/23/2026 7:16:58 AM PDT · by george76 · 28 replies
    Colorado Sun ^ | Sep 18, 2026 | Brian Eason
    The unrelenting rise in healthcare costs has left state lawmakers facing a $1.6 billion deficit in the 2027-28 budget year ... The best-case scenario forecast that Colorado budget writers received in June turned out to be too good to be true. Three months later, the budget picture has crumbled again, economists told the Joint Budget Committee at the state’s quarterly revenue forecasts Friday. Analysts now expect the state to face a $1.6 billion deficit next fiscal year, setting the stage for another round of grueling spending cuts for the state legislature and Colorado’s next governor. The driving force behind the...