NMPolitics.net (https://nmpolitics.net/index/tag/economy/page/51/)
Republican gubernatorial candidate Allen Weh says a dramatic increase in the number of New Mexicans without jobs “highlights a need for new leadership in Santa Fe that understands how to make reforms that’ll help jump start our state’s economy.” Continue Reading
A group of lawmakers shared a proposal with Gov. Bill Richardson today that includes bigger budget cuts than the governor has proposed and a reduction in education spending that he doesn’t want. Continue Reading
Criminal prosecutions in the state’s 13 judicial districts could be severely impacted if lawmakers decide to cut the budgets of the state’s district attorneys, according to the the DA in Bernalillo County. Continue Reading
It sounded really good on the campaign trail, the talk about leveling the “playing field” and cracking down on companies that “ship jobs overseas.” But this proposal is not about fairness so much as it is about raising revenue, and it will cause jobs and prosperity to simply wither away rather than go abroad. Continue Reading
Gov. Bill Richardson plans to hold open office hours next week to meet with New Mexicans who want to discuss the state’s budget shortfall, but the meetings are taking place only in the Albuquerque/Santa Fe area. Continue Reading
Lawmakers negotiating a budget fix with Gov. Bill Richardson said today that cuts greater than the 3 percent he has proposed may be necessary, and they also want to consider cutting funding for education. Continue Reading
New Mexico is facing a double crisis — one political and about the culture of corruption, and the other financial. The two are connected. Continue Reading
UPDATED: Between 1,200 and 1,400 people showed up Tuesday evening for a tea party protest in Las Cruces that’s part of a nationwide tour, according to the Las Cruces Sun-News. Continue Reading
State lawmakers assigned to a legislative/executive committee that’s working on a budget fix said in a news release that they appreciate the plan Gov. Bill Richardson presented earlier today, but they’re not in agreement on some points. Continue Reading
“As promised, my plan closes the budget gap in a fiscally responsible way, without cutting education or increasing taxes,” Richardson said today as he unveiled his plan to fix the budget. Continue Reading
New Mexico should not sit idly by while selected private interests like SunCal break the state’s bank. Continue Reading
State government spending has grown about 40 percent in the last six years. That wasn’t sustainable, and now we have the opportunity and challenge to make government efficient and get the government we need and can afford. Continue Reading
Gov. Bill Richardson on Monday ordered state agencies to prepare plans to cut another 3 percent from their budgets. Meanwhile, a number of activist groups are calling for the opening of budget negotiations to the public.
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The Legislature and the governor can lead New Mexico through the most troubling economic crisis in decades to a brighter future with a cautious, calculated and compassionate approach to reducing spending and raising revenue. Continue Reading