Budget Fix?

By: Associated Press
By: Associated Press

The state's senators are trying to convince Governor Owens to support their budget fix. It would allow voters to have more influence on how long the legislature could hold on to extra tax revenues.

The fix asks voters to raise spending limits by $840 million for at least 5 years. Taxpayers would have to forego some of their refunds.

Lawmakers say the budget gets paralyzed at times because of TABOR laws limiting what the state can collect while making increases in school spending.

They say no solution would mean $234 million in budget cuts while still mailing refund checks to taxpayers.

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