- August 6, 2023
The lesson is clear: if politicians truly are interested in the poor they should pursue policies to promote economic growth, not policies to retard economic growth — like SB 228.READ MORE
This year the Colorado legislature is debating a bill, (SB228) that would eliminate the Arveschoug-Bird Amendment. That Amendment was enacted by the legislature in 1992, a few months before the voters of Colorado enacted the Taxpayer’s Bill of Rights (TABOR) Amendment. Arveschoug-Bird caps the growth of general fund spending at 6 percent per year. With the 6 percent cap in place, surplus revenue above this limit is transferred into the Highway Users Trust Fund and to capital construction.
There are several reasons why this bill would be fiscally irresponsible. The bill would eliminate what has proven to be a very effective constraint on the growth in general fund expenditures, and also on how state revenues are allocated between transportation and capital projects, and other expenditures. The bill also raises constitutional issues and the role of the initiative and referendum process in amending the constitution.READ MORE
APPENDIX A: PDF of full Appendix A Scribd version of full Appendix A State of Colorado Growth Comparison, Two Ten-Year Periods: Pre-TABOR (1983-1992) and TABOR (1993-2002), in Employment (All, Government, Non-Government); TOTAL STATE Revenues and State Outlays; Per-Capita Personal Income, Revenues & outlays; Gross State Product, Unemployment, population and Inflation. APPENDIX B PDF of fullREAD MORE
IP-3-1994 (March 1994) Author: Fred Holden PDF of full Issue Paper Scribd version of full Issue Paper Executive Summary: • Although American political heritage teaches the importance of representative government, in practice the best representation comes to those with the best lobbyists. • Almost half (45%) of all lobbyists registered in Colorado represent government orREAD MORE