Lawmakers in Colorado advance bills concerning financing for Planned Parenthood and food stamps, sending them to the governor during the fourth day of a special legislative session.

In the fourth day of a special session, Colorado lawmakers sent several bills to Governor Jared Polis' desk, aiming to address a budget shortfall of approximately $750 million due to President Trump's tax bill.

One of the bills advocated by Democratic State Senators Iman Jodeh and Kyle Mullica proposes allowing the treasurer to sell up to $100 million in discounted tax credits. This move could potentially be used to offset the loss of federal health insurance subsidies, with businesses using the credits later to lower their tax liability.

However, concerns about the long-term impact on the budget have been raised by Republican State Sen. Lisa Frizell.

Democratic State Sen. Judy Amabile expressed concerns about rushing through legislation, fearing potential unintended consequences. On the other hand, Democratic State Sen. Kyle Mullica is concerned about the immediate impact on families and is against doing nothing.

Another bill in the House seeks to delay the implementation of a law, but its passage is uncertain.

In an effort to manage spending, a bill requires the governor to consult with the legislature before making any spending cuts.

Meanwhile, the loss of federal health insurance subsidies is also being addressed by lawmakers. One proposal allows state Medicaid to cover Planned Parenthood services after a federal cut.

In many rural and mountain communities, families may see health insurance premiums soar by up to $24,000 a year due to the expected 28% increase in premiums for health insurance.

Democrats in the legislature are planning to raise taxes on businesses to cover about half of the shortfall. Another bill transfers overflow funds from a school meals program to food stamps, with voter approval.

The debate continues as Colorado lawmakers work to find solutions to the budget shortfall and the increase in health insurance premiums, with the well-being of families and the long-term financial stability of the state at stake.

Lawmakers in Colorado advance bills concerning financing for Planned Parenthood and food stamps, sending them to the governor during the fourth day of a special legislative session.