State Budget Issue Will be Decided by Voters

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After years of wrangling, lawmakers agreed today to ask voters to give up more than three billion dollars in surplus tax refunds over five years to pull the state out of its budget crisis.

The state House has voted 46-to-19 in favor of the measure, which is the last step to put it on the November ballot.

Majority Democrats pushed the proposal through, saying Colorado can't afford to wait for a perfect solution because of conflicting demands that require increased spending in some areas while overall revenue is limited.

Some Republicans voted against the measure, even though it has the endorsement of Republican Governor Bill Owens, who has committed to campaign for the proposal.