Issue Position: Good News on the Budget

Issue Position

By:  Claire Levy
Date: Jan. 1, 2012
Location: Unknown

We had some good news as the Joint Budget Committee finalized the 2012-13 budget bill, aka "the Long Bill". Revenue collections have been stronger than we had initially expected. As a result we are able to put a bit more money into important programs, including a full funding of the senior property tax deduction and providing $9.7 million to provide dental benefits and additional Old Age Pension support to seniors living at or below 130% of the federal poverty level. We will restore most of the projected cuts to higher education, taking pressure off of increases at the University of Colorado.