Limit Colorado Debt - Vote YES on 61 - Do It For The Children!

Amendment 61 allows local bonded debt only, for strictly limited time periods and amounts, and only after voter approval in November elections.

Example: Borrowing $100 million at 7% interest for 30 years costs $239 million to repay. Borrowing that amount for 10 years costs $139 million.
Taxpayers would save $100 million in interest.
That savings can buy the next $100 million project in cash.
This saves the taxpayers a total of at least $139 million in interest.

Amendment 61 re-affirms the plain meaning of the 1876 ban on state debt, and deletes all obsolete exceptions. No debt, no borrowing, no loans— requires a balanced state budget that protects all citizens from repaying future overspending by irresponsible state politicians. Living within one's means is a matter of morality.

Leave the children of Colorado a debt free future.

Vote YES on Amendment 61! Do it for our children!

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