Posted: Jan 27, 2010 9:44 AM by Associated Press
Colorado Gov. Bill Ritter is going to reveal details of his $50 million plan to re-balance the current fiscal year state budget.
Todd Saliman, the governor's budget director, says the cuts are needed because of higher-than-expected Medicaid caseload growth and previous cuts that Ritter backed away from. Those include $4.5 million Ritter tried to cut for aid to the needy and disabled and $14 million of $19 million that the governor expected to cut by giving early parole to convicted felons.
In September, Ritter issued an executive order for the first round of cuts. He told state agencies to cut up to $320 million by the end of June 2010. He told lawmakers those cuts are nonnegotiable.