Economy & Economic Development  August 18, 2009

Ritter announces budget cuts of $320 million

DENVER – Gov. Bill Ritter today announced a plan that would trim about $320 million and reduce state jobs by about 267 positions in an effort to balance Colorado’s budget.

Among the cuts are $18.5 million in savings to the state’s Medicaid program, in part through a 1.5 percent reduction in health-care provider rates.

The governor announced his budget-balancing plan to the Legislature’s Joint Budget Committee during a presentation at the State Capitol. Most of the cuts will go into effect Sept. 1.

Some of the proposed cuts, including a fee for gun sale background checks, will require legislative approval.

DENVER – Gov. Bill Ritter today announced a plan that would trim about $320 million and reduce state jobs by about 267 positions in an effort to balance Colorado’s budget.

Among the cuts are $18.5 million in savings to the state’s Medicaid program, in part through a 1.5 percent reduction in health-care provider rates.

The governor announced his budget-balancing plan to the Legislature’s Joint Budget Committee during a presentation at the State Capitol. Most of the cuts will go into effect Sept. 1.

Some of the proposed cuts, including a fee for gun sale background checks, will require legislative approval.

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