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Colorado voters surrender billions in key referendum on Taxpayer's Bill of Rights
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| Contributor | RP |
| Last Edited | RP Nov 02, 2005 11:54am |
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| Category | News |
| Media | Newspaper - San Diego Union-Tribune |
| News Date | Wednesday, November 2, 2005 12:55:00 PM UTC0:0 |
| Description | Colorado residents have voted to suspend their Taxpayer's Bill of Rights, the strictest government spending limit in the nation, and give up more than $3 billion in tax refunds to help the state bounce back from a recession.
Fiscal conservatives were dismayed at the outcome Tuesday night and worried about its impact on other states considering similar spending limits.
"It means we can join 49 other states recovering from the recession, we can make up some of the cuts," said Republican Gov. Bill Owens, who stunned his own party by joining Democrats in crafting the ballot measure.
Tuesday's vote makes it harder now for other states to cap spending, he said. California, Kansas, Ohio, Maine, Nevada, Oklahoma and Arizona all are considering new limits. |
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