Pluto Planet Day?

The New Mexico House of Representatives will vote tomorrow on a resolution that declares Pluto be a planet, and tomorrow, March 13, 2007, as “Pluto Planet Day”. The bill’s sponsor, Doña Ana County Democrat and landscape architect Joni Marie Gutierrez, must have a vastly over-inflated sense of government power. The State of New Mexico has [...]

How Much is Enough?

It’s not every day that we agree with the editorial board over at the Albuquerque Tribune, but their editorial “10 days is enough for legislative session” hit the nail on the head. Legislators are like college students facing their mid-terms: rather than paying attention in class and studying for weeks in advance, they procrastinate — [...]

Unbelievable or Believable — Take Your Pick

The greatest tax increaser in New Mexico history is starting a doctorate in corporate welfare (see yesterday’s Business Outlook p.2. “NMSU plans a doctorate” — no link available). The acronym for the program is DED (we could only wish it were so — but this is New Mexico).

Big-Spender Bill Part deux

Reporters affiliated with both major Albuquerque newspapers picked up on my have picked up on my recent National Review Online article on Richardson’s spending record. The Albuquerque Journal and Tribune have both highlighted the story in recent days.
Richardson’s record will provide the Foundation with some great fodder as he runs for the nation’s highest [...]

Big-Spender Bill

In case you missed the Rio Grande Foundation’s most recent commentary, I discussed Governor Richardson’s record in a recent article on National Review Online. Richardson’s run for the White House is a great opportunity for the Foundation and for those concerned about the very real political and economic problems facing New Mexico to expose them [...]

The Economics of New Mexico’s Gross Receipts Tax

The Rio Grande Foundation will be releasing a new paper in a matter of days that thoroughly analyzes New Mexico’s gross receipts tax and both the economic and political issues associated with dramatically broadening the tax base as New Mexico has done. Our first take on the issue was done for a national audience in [...]

Richardson Joins the Race

Finally, the worst-kept secret in New Mexico is out of the bag nationally — Governor Richardson is running for President. Although the Rio Grande Foundation definitely has concerns about Richardson’s credentials as a fiscal conservative, not to mention his plan to expand Medicaid without needed refom, we do welcome the attention Richardson’s run will generate [...]

Reacting to Richardson

Governor Bill Richardson delivered an ambitious State of the State address this afternoon: text available here. Among the many plans for your tax dollars and the money paid to the state by the oil and gas industries is a massive Medicaid expansion, a 7.4 percent hike in teacher salaries, and lots of new spending on [...]

Surprise, surprise…the RailRunner needs more money!

Given the lack of public disclosure of the project’s financing and the very nature of government-financed projects, the only surprising thing about this story is that it took so long to develop. As it turns out, Governor Richardson has overcommitted New Mexico taxpayers to funding the RailRunner based on the assumption that Congress was going [...]

Water Authority Engages in Outrageous Eminent Domain Abuse

The water fight between the government-run Albuquerque Bernalillo County Water Utility Authority and the privately owned New Mexico Utilities Inc. is getting ugly. As the Rio Grande Foundation has previously pointed out, a government takeover of a private utility is a foolish step that will only result in higher water rates.
Having listened to Senator [...]

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