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 deal that extends both the Bush-era tax cuts for all income ranges and unemployment benefits for two years easily passed the Senate today on a 81-19 vote, as expected. Both U.S. Senators from New Mexico voted against the deal because of the tax cuts for Americans making more than $250,000 a year.
Udall had voted to invoke cloture, a Senate procedure to end debate on the bill. Sen. Bingaman voted against invoking cloture because of his opposition to the bill.
“While I understand the value of a compromise, the literal costs of this deal for future generations of Americans is too much to concede,” Udall said in a statement. “With a depressed economy and high unemployment we should be finding ways to create jobs, pull America’s middle class from the edge and bolster our economy.”
Udall said in his statement that the tax cuts for the wealthiest Americans would not help the economy in the long-term.
“In terms of stimulating the economy, tax cuts for millionaires and billionaires is not an effective strategy,” Udall said. “And a compromise that significantly increases our already unsustainable debt while failing to spark job growth and the economy isn’t much of a compromise at all, and certainly not one I can support.”
In a statement after voting against invoking cloture, Bingaman said, “It extends tax cuts to the highest earners and adds a substantial estate tax cut that will make it very difficult for the next Congress to act in a responsible way to our serious deficit situation. For those reasons, I could not support it.”"
