Colorado Voters Nix Repug Tax Cuts

We should be trumpeting this from the rooftops! CNN is covering Denver's 'teacher merit' initiative and not even mentioning this far more important story.

Colorado residents have voted to suspend their Taxpayer's Bill of Rights, the strictest government spending limit in the nation, and give up more than $3 billion in tax refunds to help the state bounce back from a recession. Fiscal conservatives were dismayed at the outcome Tuesday night and worried about its impact on other states considering similar spending limits.