Colorado, home of the nation’s most restrictive limits on state spending, has become the scene of a much-watched vote that pits anti-tax forces against higher-education advocates.
Voters will decide on November 1 whether to roll back the state’s constitutionally imposed spending cap, known as the Taxpayer Bill of Rights, for five years to allow lawmakers to spend an estimated $3.7-billion they otherwise would have had to refund to taxpayers.