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PNS Daily Newscast - August 12, 2020 

Former VP Joe Biden picks Sen. Kamala Harris as his running mate; some schools have science-based metrics for open classroom instruction.

2020Talks - August 12, 2020 

California Sen. Kamala Harris will be on the ticket with Joe Biden in November. Four states had primaries yesterday, and two had runoffs. Georgia and Wisconsin appear to have improved since last time.

One Week to CO Election Day: Does No Debt = Smart Government?

October 26, 2010

DENVER - Election day is just one week away, and among the issues Colorado voters are considering this year is one designed to keep the state from going into debt. Amendment 61 would end borrowing at the state level, and significantly restrict local borrowing as well.

Mark Neuman-Lee, policy analyst for the Colorado Fiscal Policy Institute, says Amendment 61 would be crippling.

"We need the ability to to borrow in order to build any major large construction project. All of these large public construction projects were built using public financing."

Neuman-Lee says that, in effect, the measure would mean that governments would have to have the complete cost of a project in hand before starting construction, be it roads, a new school building, or a public hospital. He says a restriction on borrowing would be devastating for the state's economy, ultimately costing the state both public and private jobs.

Shepard Nevel, vice president of policy and operations for the Colorado Health Foundation also believes the measure would lead to disastrous circumstances.

"This would be comparable to telling a Colorado family that the only way that they could buy a house is if they paid all cash."

Former state lawmaker and county commissioner Bill Jerke is a lifelong Republican, who says that even as a fiscal conservative, he can't support stopping all state borrowing.

"It's far more difficult to make things work when all of a sudden Colorado is the lone state in the union that has bonding for public projects work completely differently than every other state in the union."

Proponents say Amendment 61 re-affirms an 1876 ban on state debt - forcing the state to live within its means.

Kathleen Ryan, Public News Service - CO