Questionable Colorado Decision Part 2

This seems to be the day for dumb decisions by Colorado voters. First we have the new marijuana law in Denver, and now this:

Colorado voters agreed Tuesday to give up $3.7 billion in taxpayer refunds over the next five years to allow the state to bounce back from a recession, ignoring the arguments of fiscal conservatives who say the government doesn't need more money to spend.

Supporters said Colorado simply could not afford to vote no, not with higher education, health care and transportation already suffering from millions of dollars in budget cuts.

I'm sure they had to do this. After all, there's couldn't possibly be any waste in the Colorado state budget.