Colorado lawmakers sent several bills to the governor's desk on day four of the special session. Legislators are trying to plug a $750 million budget hole after President Trump's "Big Beautiful Bill" lowered taxes.

Democrats, who control the legislature, are raising taxes on businesses to make up about half the shortfall. In addition to lost tax revenue, lawmakers are also addressing the loss of federal health insurance subsidies.

Democratic State Sen. Iman Jodeh and State Sen. Kyle Mullica begged members of the Senate Finance Committee to pass a bill that impacts the lives of nearly 300,000 Coloradans who rely on federal subsidies to afford health insurance. Those subsidies expire at the end of the year. Premiums are expected to increase by an average of 28%.

Colorado Insurance Commiss

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