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As some of you may have heard, Colorado has a single-payer health care system on the ballot this November. Amendment 69 would create a tax-funded entity, ColoradoCare, which would provide universal health care coverage to residents. In the unlikely event it were to pass, Colorado would become the first state to opt out of Obamacare and replace it with health care paid for by a 10% payroll tax – employers paying 7% of workers’ wages while employees would face a 3% payroll tax.
Supporters of the initiative are anticipating well-financed opposition to the campaign that will dramatically outspend the grass-roots effort. Former Colorado Governor Bill Ritter, the state treasurer and numerous business leaders are lining up against it, saying it would tie state government in knots and hit small businesses particularly hard.
Proponents say Colorado could save billions a year through “reduced administrative costs and eliminated profits.”
Nobody’s holding their breath betting it will pass, especially with a new president being elected at the same time.
ColoradoCareYES.co » Amendment #69
Colorado Care Will Fail, Too
Supporters of the initiative are anticipating well-financed opposition to the campaign that will dramatically outspend the grass-roots effort. Former Colorado Governor Bill Ritter, the state treasurer and numerous business leaders are lining up against it, saying it would tie state government in knots and hit small businesses particularly hard.
Proponents say Colorado could save billions a year through “reduced administrative costs and eliminated profits.”
Nobody’s holding their breath betting it will pass, especially with a new president being elected at the same time.
ColoradoCareYES.co » Amendment #69
Colorado Care Will Fail, Too
