Greeley Tribune: Trump’s ‘big, beautiful’ tax bill risks food assistance for tens of thousands of Coloradans, think tanks estimate
President Donald Trump’s “big, beautiful” tax bill would jeopardize food assistance for tens of thousands of low-income Coloradans, while requiring the state to pick up tens of millions of dollars in new spending, according to analyses from two think tanks.
Trump and House Republicans’ bill, which passed the U.S. House on May 22, would seek to offset $4.5 trillion in tax cuts in part by cutting nearly $286 billion from the Supplemental Nutrition Assistance Program — or SNAP — by 2034.
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Colorado’s current budget situation is grim: Lawmakers had to scale back roughly $1.2 billion in spending this year and have warned that next year will be even worse. That bleak outlook doesn’t include steep cuts to SNAP and Medicaid that are part of Congressional Republicans’ tax and budget discussions.
The scale of those reductions could require lawmakers to return to the Capitol for a special session in the coming months.
“I look to this as being something potentially catastrophic to many families,” Rep. Shannon Bird, a Westminster Democrat and the vice-chair of the state’s Joint Budget Committee, told reporters of the SNAP cuts Thursday. “And something the state will have significant challenges backfilling.”