| website: http://www.nmhousegop.com/ |
twitter
|
| FOR IMMEDIATE RELEASE: January 28, 2010 |
CONTACT: (505) 216-6342 |
The House passed the budget. WHAT NEXT?
Santa Fe – Upon the passage of the FY2011 New Mexico State Budget (HB2), Rep. Tom Taylor (San Juan) and Rep. Keith Gardner (Chaves, Eddy, Lea, Roosevelt) issued the following statements.
“It is irresponsible for the House to pass the budget with a $310 million deficit built in. It is even more irresponsible to address that reduction through tax increases to New Mexico’s hardworking families. This session, Republicans introduced numerous measures to cut costs to taxpayers and unfortunately all of them were voted down by Democrats,” said Republican Leader Tom Taylor.
“To compound the problem, there are a lot of temporary dollars in this bill. Temporary tax increases are burdensome because they are tax increases that later go away and leave government thirsty. They are also burdensome because they add a variable to the landscape and make it more difficult for individuals, families, and businesses to plan. For someone who looks beyond the tip of their nose, it is clear that the legislature is going to have to revisit these same issues next year unless we solve this problem now,” Taylor continued.
“We entered this session with a $200 million defecit and in a little under a month it has grown to $310 million. Fortunately, there is still time to fix this problem. We are only done with the first half of the budget process,” said House Republican Whip Keith Gardner. “As the budget bill moves to the Senate, we are counting on our colleagues there pick up the torch of budget savings and responsible fiscal policy. We must avoid raising taxes and instead make careful spending cuts.”
###
Comments
Post has no comments.