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…
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…
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.
The chances of a Wall Street Reform bill breaking a Republican filibuster are getting smaller by the day. Sen. Scott Brown, R-Mass., one of the four Republicans to vote for the Senate version of the bill earlier this year, has now said that he will not vote for the legislation because of a bank tax. This means that the House and Senate will have to reopen a conference committee to change the bill.
The bill as written would have instituted a tax on banks and hedge funds, generating around $20 billion over five years. This was not in the version of the bill the Senate passed, but it was included in the bill that came out of late-night negotiations between the House and Senate last Thursday night/Friday morning.
The House and Senate must both pass identical versions of legislation in order for the bill to be sent to the president’s desk. When the two chambers have different versions of a piece of legislation, they generally go through a conference committee to reconcile the differences.
The bill’s chances was previously dealt a blow when Sen. Russ Feingold, D-Wisc., said he would vote against the bill because it wasn’t strong enough.
Both New Mexico Senators, Tom Udall and Jeff Bingaman, voted for the Senate version of the legislation earlier this year.
