President Grantham Responds to Improving Fiscal Forecast
DENVER – Following the highly-anticipated release of the 2018/2019 fiscal forecast and the response by Governor John W. Hickenlooper, Senate President Kevin J. Grantham released the following statement:
“Today’s optimistic fiscal forecast confirms what we have been saying since the beginning of the session, which is that we have more than enough new revenue to jump-start a major statewide road rebuilding effort, using existing dollars, while still adequately funding education and other budget priorities.
We are encouraged, midway through this session, to see Governor Hickenlooper making it clear that transportation funding is a priority for his administration. Unfortunately, we’ve yet to hear anything from Statehouse Democrats except the same old mantra that we can’t fix Colorado’s roads without a tax hike, which is an excuse for inaction that today’s fiscal forecast just demolished.
We have over $1.2 billion in additional funds that can be used to fix Colorado’s roads, and we can do so without a tax hike. It’s a golden opportunity with a reasonable chance of success, and Democrats in the Senate and the House will have a lot to explain to Coloradans if they blow this opportunity due to a single-minded obsession with imposing tax hikes that aren’t necessary and have no chance of winning over voters.”