DENVER BUSINESS JOURNAL - The progress of bills to increase funding for both Colorado highways and hospitals came to a crashing halt Thursday as Senate President Kevin Grantham conceded he is unlikely to get the backing of a committee Tuesday for his proposed transportation tax hike.
The news also comes as Republicans and Democrats agreed they are at a major impasse on another complex measure to increase resources, particularly for rural roads and schools.
News of the seeming breakdown in talks around the transportation-funding effort considered one of the top two business priorities of this legislative session comes just one day after the more jubilant bipartisan group of legislators announced a breakthrough agreement on the other top subject: construction-defects litigation reform.
That bill also seemed to be on life support about three weeks ago before opposing sides agreed to a compromise, but the obstacles that stand in front of the transportation-funding bill appear more daunting.
Read more at the Denver Business Journal: http://bizj.us/1p59tr
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