Colorado Senate Republican leaders said Monday they are close to agreeing to a deal that would save more than half-a-billion dollars in proposed funding cuts for statewide hospitals.
The deal would also offer up a $37 million business personal-property tax cut and clear space in future budgets for transportation and education funding hikes.
The deal on Senate Bill 267 was so close, in fact, that co-sponsoring Sen. Jerry Sonnenberg, R-Sterling, had passed out a bullet-point sheet describing the details of the deal and had begun to inform a media briefing about the plan Monday morning when he received a note from co-sponsoring Senate Minority Leader Lucia Guzman telling him that the Denver Democrat was pulling back from what he’d described as a “handshake agreement.”
Surprised, Sonnenberg said he would sit down again with Guzman and with the bipartisan House sponsors of SB 67 and hoped to come up with a deal in the next week.
The biggest sticking point between Republicans and Democrats remains Republicans’ insistence on including efforts to slow the growth of Medicaid costs that include an increase on co-pays by Medicaid recipients.
The issue first surfaced when House Republicans tried to increase co-pays during the budget debate and put the savings for the state to transportation funding — an effort blocked by Democrats who insisted the budget would not be balanced on the backs of the poorest and sickest state residents.
The bill, put forth as a way to forgo a proposed $528 million in funding cuts via the hospital-provider fee, has always been a complex piece of legislation that also seeks to increase funding for rural roads and schools and to cut state funding across the board in order to help for that re-prioritizing.
But it took on an even greater diversity of topics over the past week, when Sonnenberg added a long-sought business personal property tax cut to offset what he called his concessions on lowering the Taxpayer’s Bill of Rights cap in order to offset the money being taken out for the hospital provider fee. Continue reading