NMPolitics.net (https://nmpolitics.net/index/tag/economy/page/36/)
Already hit by an 18.9 percent budget cut over the last two fiscal years, the Office of the State Auditor is facing an additional cut in the coming budget year of at least 7 percent – if the governor and Legislative Finance Committee get their way. Continue Reading
The reality is that all of the “easy” cuts and “revenue enhancements (tax hikes)” have been done. Real spending cuts are both possible and necessary to secure New Mexico’s economic future. Continue Reading
Governor Martinez campaigned on the promise that she would not make spending cuts to education or Medicaid. Read my lips: ‘Where are you going to find $400 million to plug the gap, Madame Governor?’ Continue Reading
New Mexico can deliver quality essential services for less money, but only if we remove the cherry on top of everyone’s piece of the pie. Continue Reading
Gov.-elect Susana Martinez’s historic victory and the end of Bill Richardson’s tenure are among NMPolitics.net’s picks for the top 10 political and government stories of 2010. Continue Reading
The federal budget practice of “earmarking” – or “pork spending” as it is known colloquially – has exploded during the last 15 years. The Taxpayers for Common Sense – a Washington watchdog group – took a hard look at our pork requests from Senators Bingaman and Udall for next year. Continue Reading
Gov.-elect Susana Martinez on Friday nominated former state treasurer candidate Demesia Padilla to be her administration’s taxation and revenue secretary. Continue Reading
If this week’s House and Senate votes on the Obama-GOP tax compromise had taken place next month, the entire New Mexico delegation would have opposed the deal. Continue Reading
With the Obama-Republican tax deal having passed the Senate and the House as well, I guess I’ve gotten the compromise I’ve been asking for. To be honest, I’d thought I’d feel better about it. Continue Reading
UPDATED: U.S. Sen. Tom Udall, D-N.M., was in the minority today in voting against President Barack Obama’s tax compromise with Republicans. As expected, so was Sen. Jeff Bingaman, D-N.M. Continue Reading
U.S. Sen. Jeff Bingaman announced Monday that he opposes President Barack Obama’s tax compromise with Republicans, while Sen. Tom Udall says he hasn’t decided whether to support the legislation. Continue Reading
Gov.-elect Susana Martinez nominated Edwynn L. Burckle today to be secretary of the General Services Department. Continue Reading
I must applaud Governor-elect Martinez for quickly addressing the need to keep education and Medicaid in the discussion. It is refreshing to see her put politics aside to do what is right. Continue Reading
Gov.-elect Susana Martinez says cuts to “certain bureaucracies,” including education and Medicaid, might be necessary to balance the state’s budget. Continue Reading
The N.M. Educational Retirement Board is considering a new proposal that would require members to pay more into their retirement but not have to work additional years before they are eligible to retire. Continue Reading