05/09/2010 05:12 am ET Updated May 25, 2011

Colorado Not Cashing In On Federal Funding

Colorado ranks as the third-lowest state in the nation in how much money it gets from federal programs based on census demographics.

Tough eligibility standards for Medicaid combined with relatively low child-poverty levels led to the state's low ranking, according to a report released today by the Brookings Institution.

"Colorado, even though it is wealthy, has a pretty chintzy Medicaid program," said Andrew Reamer, the report's author and a fellow with Brookings' Metropolitan Policy Program.

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