Rep. Earl Blumenauer (D-Ore.) and Rep. Jared Polis (D-Colo.) say marijuana legalization is a common sense fiscal policy that could save the government billions of dollars through a combination of tax revenues and savings from not pursuing costly enforcement and incarceration.
“We are trying to rationalize federal drug policy,” Blumenauer tells Top Line. “We're spending too much money on enforcement for something most Americans think should be legal, and we're losing revenue. And we're going to create federal train wreck if we don't fix it.”
They say the federal government is behind the curve of states like Washington and Colorado, where recreational marijuana is regulated and taxed.
"Colorado and Washington voters agree, as do I, that the proper policy with regard to marijuana is to regulate it rather than ban it," says Polis.