Wednesday, November 02, 2005

Adults in Charge

Are the adults re-taking governments across the nation?
DENVER - 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.

But supporters said Colorado couldn't afford to vote no, not with higher education, health care and transportation already suffering from millions of dollars in budget cuts.

"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.

Douglas Bruce, an anti-tax crusader who wrote the 1992 Taxpayer's Bill of Rights, said Colorado voters caved in to government pressure.


Post a Comment

<< Home

Free Counters
Site Counter
eXTReMe Tracker