Scott Wasserman, Bell Policy Center, testified
regarding the impact of the pandemic on Colorado's economy. He discussed
how the economic recovery is varying across racial groups and by gender.
He noted that caregivers are extremely strained and that income inequality
has gotten worse during the pandemic. He further emphasized how lack of
child care can exacerbate workforce shortages. He discussed the long-term
outlook for declines in child poverty and the overall financial health
of Coloradoans. He spoke to the importance of leveraging the one-time ARPA
funds to provide a stabilizing effect on income inequality in the state.