Today's Denver Post news story on Governor Bill Ritter's signing of Senate Bill 228 offers the generous headline: "Colorado's fiscal knot loosens". I've taken the liberty to complete the thought with my own sub-headline: "Noose nearly large enough to fit around taxpayers' necks". The article is correct insofar as it points out that the impact of this bill in repealing limits on the growth of discretionary government spending likely won't be felt for a couple years. But that provides little solace, especially when you listen to the righteous confusion coming from the Democratic cast of characters behind this anti-taxpayer legislation. … [Read more...]
Mark Hillman Credibly Criticizes Dems for Failure to Save State Money
Mark Hillman - former state senate majority leader and former state treasurer - once again has established himself as a leading voice of fiscal sanity in Colorado. In an op-ed in today's Denver Post, he assails Governor Bill Ritter and his Democratic colleagues at the helm of the state legislature for their ongoing mismanagement of the looming budget crisis:Balancing a budget during a recession is a difficult job, certainly. But balancing this year's budget didn't need to be this hard if only the leaders at the Capitol had learned from the last recession — or listened to those who experienced it. Last spring, as the economic storm clouds gathered, Gov. Bill Ritter and legislative leaders had opportunities to take precautions. One … [Read more...]