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DENVER (AP) - Government spending caps suffered back-to-back defeats in Colorado and California over the past two weeks. But whether that means that the American public is turning against the idea of imposing fiscal discipline on politicians remains to be seen.
In California last Tuesday, voters rejected by nearly 2-to-1 a measure put forward by Republican Gov. Arnold Schwarzenegger that would have imposed a spending cap and given the governor authority to make midyear budget cuts.
On Nov. 1, Colorado voters suspended the state Taxpayer's Bill of Rights — the strictest government spending limit in the nation — and agreed to relinquish more than $3 billion in tax refunds over five years to take advantage of the rebounding economy and restore programs that were cut during the downturn of the past few years.
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