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The New Mexico Independent going forward

By | 11.16.11

I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…

EIB hears more anti-cap-and-trade testimony

Mesa Verde 80
By | 11.10.11

While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…

New Mexico’s largest university low in popularity

jobs-80
By | 11.10.11

Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.

Denish says “sweep” of funds painful but necessary

By | 10.21.09 | 11:10 pm

Lt. Gov. Diane Denish issued a statement immediately following the Senate floor debate tonight lamenting the passage of House Bill 3 by the Senate, while stating that it was necessary. House Bill 3 transfers money from various funds and agencies into the general fund and voids the authorization for unspent appropriations. While the bill originally called for slightly more than $108 million to be swept from the funds, the final tally came in at  just under $70 million from the college affordability fund and more than a $100 million total.

“The legislature has taken a necessary though painful step of passing House Bill 3 that will sweep cash balances from a variety of funds,” Denish said in the statement. “Difficult though this decision may be, the fact that it is distributed over many different programs and funds is a fair approach to achieving critically needed reductions.”

“Our highly successful Pre-K program that I have long championed will lose more than one million dollars, but, as I’ve said all along these painful cuts must be shared by all.  It is my hope that in the future some of these funds could be restored.”

This post has been updated to correct the total amount swept.

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