It's kind of surreal to find these two headlines in the same edition of the Denver Post: Colo. jobless at 21-year high: "The unemployment rate hasn't been this high since April 1988, when it was at 6.7 percent. It is also higher than the 6.3 percent rate reached during the depths of the dot-com bust from 2001 to 2003." Doubling FasTracks sales tax gets nod: "On Wednesday, a majority of the Metro Mayors Caucus tentatively approved a plan to salvage FasTracks by asking voters for another 0.4 percent sales tax. The mayors, hoping to see the entire $6.9 billion expansion finished by 2017, are gambling that voters will maintain support for the project despite higher costs and some of the weakest economic conditions in the past … [Read more...]
Colorado Democrats Working Hard to Become the Party of Toll Roads
Update, 8:50 PM: 19 Democrats voted for the taxes and tolls in the transportation bill. Lefties are in turmoil, with some angry that the Dems are responsible for passing a regressive tax. Yesterday I asked if Colorado Democrats would try to overreach in sticking taxpayers for state transportation costs. It didn't take long to see where the ruling party at the State Capitol stands. In a bizarre about-face, the Democrats decided to toss bipartisan compromise out the window to push a provision that would allow tolling on some of Colorado's busiest highways:Republicans and a handful of Democrats first voted to remove provisions allowing local authorities to toll existing roads. After a break in the debate, the bill sponsor and Democratic … [Read more...]