A Lesson from Colorado

Anyone who is considering voting for Arnold's spending cap (Prop. 76) next week should see what Colorado voters just did. They voted yesterday to repeal a similar cap, originally enacted back in 1992 to the cheers of conservatives. Coloradans voted to give up their tax cuts worth $3.7 Billion. Democrats were joined by the Republican governor, who said that the ill-advised mandatory cap had pushed the state health, education, and transportation programs into crisis.