Don't go there
The Center on Budget and Policy Priorities, a respected Washington think tank, has taken a look at Florida's Constitutional Proposal 45 that's scheduled to come before the Florida Taxation and Budget Reform Commission next week, and it doesn't like what it sees.
In the proposal, which aims to limit government spending, the group sees a replay of Colorado's failed and suspended Taxpayers Bill of Rights (aka TABOR). Among TABOR's results, the center notes in a newly released report (summary here), was a decrease in K-12 funding, dropping Colorado from 35th to 49th in the nation. Higher ed funding also dropped by 31 percent.
"This proposal, if enacted, would only exacerbate the very real problems that Florida will face in maintaining the state as a good place to live and do business as the population ages," Iris Lav, the Center's deputy director, said in a press release today. "It didn't work in Colorado, and it won't work in Florida. The commission should reject it."
To see the Taxation and Budget Reform Commission's staff analysis of the proposal, click here. The commission is scheduled to consider CP 45 on Wednesday.