How we can fix Hawaii’s lame cap on state spending

Please join us Wednesday, Feb. 12 on Maui and Friday, Feb. 14 on Oahu for two outstanding presentations by popular economist Dan Mitchell on how Hawaii can implement a meaningful spending cap to avoid fiscal ruin.

Hawaii is staring at a major debt crisis, projected the moment to total $88 billion over the next 30 years, yet our governor and Legislature routinely override the state’s constitutional spending cap.

At the two events sponsored by the Grassroot Institute of Hawaii, Mitchell will explain how adopting a spending cap akin to Colorado’s Taxpayer Bill of Rights could help rein in Hawaii’s out-of-control government spending. That law was adopted by Colorado voters in 1992 and requires voter approval for both tax hikes and any spending in excess of the inflation rate and the state’s population growth. It has saved Colorado taxpayers millions of dollars through the years. 

Mitchell, co-founder of the Center for Freedom and Prosperity, is a frequent guest on all the major TV networks; has written for publications such as The Wall Street Journal, The New York Times, Forbes, USA Today and Investor’s Business Daily; is the author of the book “Global Tax Revolution: The Rise of Tax Competition and the Battle to Defend Ithas a daily blog called International Liberty; and has given speeches in almost 40 states and more than 30 countries.

Mitchell’s Feb. 12 presentation will take place at the Maui Country Club in Paia; his Feb. 14 Oahu event at a private club in Honolulu — both from 11:30 a.m. to 1 p.m.

Moderating the Maui event will be Grassroot Institute Executive Vice President Joe Kent, while on Oahu Grassroot Institute President Keli’i Akina will do the honors.

For more information or to make your reservation, call 808-591-9193 or email info@grassrootinstitute.org.

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