Today is Wednesday, 20th November 2024

CO: Dem Governor Blows Away Budget Cap; Dems Aim at Tax Limits Next

From Colorado Senate News:

As Colorado’s Democrat governor effectively signed away a long-standing policy limiting the growth of the state’s budget, a key legislative ally called today for rolling back other restraints on taxing and spending. Incoming Senate Democrat leader John Morse welcomed the enactment of controversial Senate Bill 228–diverting billions of dollars away from transportation projects in coming years–by promising that the fight “is just beginning” to retool the state’s other constitutional taxing and spending limits.

That double-punch left Republicans incredulous, and they pointed out that only months ago, Colorado voters soundly rejected a ballot proposal that would have gutted the perennially popular Taxpayer’s Bill of Rights, or TABOR, in the state constitution. GOP members also said today’s developments point to further tax hikes down the road if Democrats were to succeed in dismantling TABOR and other taxing and spending limits.

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