Fiscal recovery still plagued by toxic assets

Freedom New Mexico There are signs that the financial system has stabilized somewhat, unemployment is not rising as quickly as it had been for a while, and there are preliminary signs of economic recovery. But the “toxic assets” — bad loans, mortgage-backed securities — that were to a great extent at the heart of the […]

Governor Bill Richardson, NMORR announce $16 million in additional local road and transit construction projects

SANTA FE- Governor Bill Richardson and the New Mexico Office of Recovery and Reinvestment today announced the approval of an additional $16.1 million worth of local road and transit construction projects under the American Recovery and Reinvestment Act. Several of the projects are in Curry and Roosevelt County and include the Hull Street Bridge in […]

Cramdown would slow housing recovery

Freedom New Mexico As the ineffable H.L. Mencken once put it, “For every complex problem there is an answer that is clear, simple, and wrong.” An example now working its way through the Senate is the proposal, embraced by President Barack Obama and passed (in a worse version) by the House to allow bankruptcy judges […]

N.M. Delegation announces over $8 million in recovery money for state’s parks

This Earth Day, New Mexico’s Congressional Delegation announced that twelve national parks in New Mexico will benefit from over $8 million in federal funding from the American Recovery and Reinvestment Act. The investments in New Mexico’s parks will help spur the economy and local job growth by revitalizing park infrastructure, rehabilitating visitor centers and funding […]

Press release: New Mexico receiving money for child care

Vice President Joe Biden announced today that the Obama Administration will make $18,906,235 available to New Mexico for crucial health and human services programs that help to provide care for children and prevent disease. New Mexico will receive $17,816,534 in Recovery Act funding to support child care for working families. The Administration also plans to […]

Press release: Rep. Luj

Washington, DC — Rep. Ben Ray Luj

Community health centers in New Mexico’s 3rd District to receive over $2.3 million in recovery funding

Today, Rep. Ben Ray Luj

Rep. Luj

Washington, DC – Today, Representative Ben Ray Luj

New Mexico House delegation highlights over $9 million in recovery funding for housing grants

Washington, DC – Today, Representatives Ben Ray Luj

Bingaman and Udall: N.M. to receive over $4 million in veterans affairs funding

U.S. Senators Jeff Bingaman and Tom Udall today announced that New Mexico will benefit from over $4 million through the Veterans Administration as a part of the American Recovery and Reinvestment Act. The recovery funding will be used to make needed investments at the Raymond G. Murphy VA Medical Center in Albuquerque and for improvements […]

N.M. SENATORS: N.M. MILITARY INSTALLATIONS SLATED FOR NEARLY $90 MILLION FROM ECONOMIC RECOVERY PACKAGE

WASHINGTON – U.S. Senators Jeff Bingaman and Tom Udall today reported that at least $87 million will be spent on upgrades at New Mexico military installations.

Udall urges N.M. police departments to apply for recovery act funding

U.S. Senator Tom Udall, D-N.M., today announced that New Mexico police departments can apply for Department of Justice (DOJ) grants to help them hire new officers. The recently passed American Recovery and Reinvestment Act, which Udall supported, provides $1 billion to help police departments across the country through the popular and successful Community Oriented Policing […]

Bingman and Udall: Recovery package to bring more than $16 million to repair New Mexico Airports

U.S. Senators Jeff Bingaman and Tom Udall today announced that Las Cruces, Albuquerque and Santa Fe will receive $16.5 million for transportation projects funded through the American Recovery and Reinvestment Act.

New Mexico to receive more than $58 million in recovery funding for energy efficiency and weatherization

Washington, DC – Today, Congressmen Ben Ray Luj

N.M. CONGRESSIONAL DELEGATION UNVEILS RECOVERY PACKAGE RESOURCE GUIDE

WASHINGTON – The New Mexico congressional delegation today unveiled a resource guide designed to help ensure that New Mexico can make the most of the economic recovery package enacted into law last month.

Rep. Luj

Rep. Luj

Washington, DC – Today, Rep. Ben Ray Luj

Rep. Luj

Washington, DC – Today, Rep. Ben Ray Luj

Rep. Luj

Today, Rep. Ben Ray Luj

Rep. Luj

Washington, DC – Today, Rep. Ben Ray Luj