Commentary: When the Money Runs Out, Colorado Lawmakers Can't Pass Much but 'Feel-Goods'

Summary


I spent a few minutes chatting with one of our state representatives early this week, and politely inquired what we might expect to come out of this year's legislative session, which will begin Jan. 4.

"You can expect nothing," he said. "We have no money."

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Commentary: When the Money Runs Out, Colorado Lawmakers Can't Pass Much but 'Feel-Goods'

That might be an understatement.

The recession might be officially over, but it's unlikely that state tax receipts will begin to rebound until 2011, or even 2012. Moreover, the massive infusions of cash from the American Recovery and Reinvest...

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