As the oil and gas industry in New Mexico booms, the state’s projected revenue for the 2024 fiscal year is close to $12 billion. We believe it’s time for the state to consider redistributing some of this newfound wealth to its citizens.
Category: Poverty and Inequality
Contrary to New Mexico Public Education Department Secretary Dr. Kurt Steinhaus, education is not in “a good place”.
Lawmakers have access to $2.5 billion in “new” money: will they choose education freedom or tax reduction?
Now Is The Time For Universal School Choice
In March 2020, schools nationwide started closing their doors. Government bureaucrats fought to keep schools closed for over a year while parents struggled desperately to cope with mandatory remote learning. Reading and math proficiency scores declined in school districts across the country, creating the greatest educational inequity in our lifetimes. But there’s a silver lining… […]
In May, the Albuquerque Journal’s Esteban Candelaria reported on the proposed budget of Albuquerque Public Schools. The APS Board of Education was taken aback by the funding request: $1.936 billion for fiscal year 2023. At almost $2 billion, this budget represents a 16.73% increase from the 2022 allocation. Simultaneously, APS has seen a marked enrollment […]
Originally published at Santa Fe New Mexican on June 11, 2022. Earlier this year, as New Mexico debated legislation limiting to 36 percent the annual percentage rate for consumer loans in the state, the primary witness testified in support of the bill before the Consumer and Public Affairs Committee. Claims were made that do not hold […]
New Mexico suffered from some of the most draconian pandemic-related school closures in the country: how did this impact educational outcomes? On Tuesday, Esteban Candelaria, a staff writer with the Albuquerque Journal, reported on delays in academic assessment reporting from the New Mexico Public Education Department (NMPED). While data from SAT testing will be made […]
The Energy Transition Act is shaping up to create the worst energy crisis the southwest has ever seen. On May 17, the Southwest Public Policy Institute (SPPI) released data on a comprehensive energy survey. With over 3,000 respondents, New Mexicans clearly prioritized affordable and reliable energy with 7 out of 10 preferring either affordability or […]
Why are New Mexico’s politicians lining the pockets of these already wealthy and successful entrepreneurs through taxpayer-funded, industry-specific subsidies?