WHEREAS the state’s tax and expenditure limit (TEL) does not include all government expenditures;
WHEREAS the TEL is based on the estimated growth of personal income and provides an easy way for legislators to get around it;
WHEREAS state spending has increased an estimated 62% over the last 10 years;
RESOLVED that the TEL include all state government spending and base its limits on the rate of growth of the gross state product.
Submitted on December 15th, 2014.
Signed: New Revolution Now
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