Government Loans Bring Trouble

by Harris Kenny
Solar panel-maker Solyndra has been in the headlines because it received $528 million worth of taxpayer-backed federal loans and then went bankrupt. But Denver residents don’t need to look at failed Solyndra to see the trouble that government loans can bring. Sadly, there are some prime examples closer to home.
Last month, The Denver [...]

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Washington Voters Rein in Big Gov’t

by Barry Poulson
In the November election, Washington citizens approved Initiative I-1053 by a more than 64 percent margin, requiring that “Legislative actions raising taxes must be approved by two thirds legislative majorities or receive voter approval.”
In other words, Washingtonians have elected to reign in their legislature’s ability to further tax them through a simple majority [...]

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How to Save a Billion Dollars in Other Post-Employment Benefit Costs

This study focuses on the retiree health plan administered by the Colorado Public Employees’ Retirement Association (PERA). The PERA Health Care Program is a cost sharing multiple-employer plan. The “employers” in this context are the various governments that hire most public employees, such as public school teachers, fire fighters, police officers and state employees. Under this program, PERA subsidizes a portion of the premium for health care coverage, and the retiree pays any remaining amount of that premium. The Colorado legislature created the Health Care Trust Fund in 1999 to provide state subsidies to the Health Care Program.

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Levels of Long-Term Debt Within Colorado’s Local Government

The world is seeing levels of unprecedented government debt. However, the media focuses mostly on debt levels of national and state governments. For the most part, the general public has ignored the subject of local government debt. The root cause of this ignorance lies in the difficulty associated with uncovering information on local debt.

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