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  • Colorado Bridge Enterprise: A Case Study in Contravening Colorado’s Constitution0

    • May 8, 2011

    In 2009 the General Assembly passed Senate Bill 09-108, more commonly known as FASTER. Signed by Governor Bill Ritter, the bill relies on distortions and deliberate misdirections to subvert Colorado’s Constitution and silence the voice of the people. The bill depends on continued silence for its provisions to move forward. Under FASTER, Colorado families are being forced to pay an unconstitutional tax of almost $100 million annually. This tax hits everyone who registers a vehicle in the state squarely in the pocketbook—a tax that was enacted directly by the legislature without a vote of the people.

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  • How Colorado Has Raised $300 Million in Debt Without Asking Its Citizens: The Colorado Bridge Enterprise0

    • May 6, 2011

    Colorado’s citizens are supposed to have a final say before our state can borrow money. But the 2009 FASTER law subverted citizens’ rights to vote on tax and debt issues. The law allows an unelected group of bureaucrats to appoint an unelected administrator and together borrow whatever amounts of debt can be backed by FASTER funds. On December 1, 2010, they did just that. And now Colorado’s citizens are burdened with $300 million of newly issued debt—with the promise of more to come. Because of the borrowed money, it is unlikely a future legislature can ever repeal the FASTER tax. All this, and we weren’t asked!

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  • How to Save a Billion Dollars in Other Post-Employment Benefit Costs0

    • August 18, 2010

    This study focuses on the retiree health plan administered by the Colorado Public Employees’ Retirement Association (PERA). The PERA Health Care Program is a cost sharing multiple-employer plan. The “employers” in this context are the various governments that hire most public employees, such as public school teachers, fire fighters, police officers and state employees. Under this program, PERA subsidizes a portion of the premium for health care coverage, and the retiree pays any remaining amount of that premium. The Colorado legislature created the Health Care Trust Fund in 1999 to provide state subsidies to the Health Care Program.

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