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Fact Sheet: 2009 Federal Stimulus Proposal (House of Representatives)

Colorado is experiencing a $631.9 Million budget shortfall as of the end of the second quarter in the current 2009 fiscal year.1 Without rapid action from the Federal Government to plug holes in this budget gap, Colorado will begin cutting essential services for thousands of families across the state, from decreases in Medicaid and food stamp availability and eligibility, K-12 education spending and infrastructure development. Congress, however, is currently debating an economic stimulus package that would help close these gaping holes while also providing real, tangible tax relief for working families.

Released Jan. 23, 2009