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Gov. Jared Polis’ initial budget proposal spends $579 million more

The plan would cap Medicaid growth at 4.3% and seeks new federal and other funds as officials warn of a $1.6 billion shortfall.

Gov. Jared Polis on Monday unveiled his eighth and final proposed state budget, which will outline priorities for the 2027-28 fiscal year, though the spending plan is expected to change significantly before it is finalized.

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Colorado Politics broke the news in Colorado, United States on Monday, November 2, 2026.
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