Hector Balderas, U.S.Senate Candidate, visits Doña Ana County

State Auditor and U.S. Senate candidate Hector Balderas brought his campaign to Doña Ana County on Saturday, speaking at a campaign “meet and greet” at Roberto’s, a local restaurant in Las Cruces. At the event Balderas stressed his campaign themes of fiscal responsibility, support for public education and environmental protection, and what he termed “New Mexico values.”

“I can guarantee you, as a U.S. Senator, one of the most influential elected offices in our nation, I will make you proud. We’re going to make history in this state, and we’re going to make you proud”  Hector Balderas told the crowd.

As Clock Winds Down, Democratic Senate Candidates Speak Out Against the GOP’s Games With America’s Economy

Demanding that Republicans in Congress quit playing games with America’s future both Democratic candidates for the U.S. Senate from New Mexico spoke out against the partisan brinksmanship in Washington. State Auditor Hector Balderas and Congressman Martin Heinrich, who are each seeking the Democratic nomination to succeed U.S. Senator Jeff Bingaman, issued strong statements condemning the latest actions of the Republican led House of Representatives.

Speaking out against Friday’s vote for the so-called “Budget Control Act of 2011” sponsored by Speaker Boehner by the Republican members of the House, U.S. Senate candidate and Congressman Martin Heinrich called on the GOP to stop “playing chicken” with the economic well being of American citizens.

“We’re just days away from an unprecedented default on the nation’s debt and the House once again sent us a bill that never stood a chance of passing the Senate. Not only is the Boehner Plan faulty in substance, it only forces us back to this standoff in a few months. His bill was never a viable option because experts like Moody’s and Standard & Poor’s have warned that a short-term extension could still cripple our economy and credit rating.  This game of chicken has gone on long enough and it’s time for the House to help us put something realistic on the table and get it passed so we can refocus on creating jobs and rebuilding the economy.”

“Speaker Boehner’s Default Act is at best partisan political theater to satisfy radical Tea Party freshman, and at worst a reckless, ideological plan that drives our economy into a ditch. Either way, the time Speaker Boehner spent these last few days forcing it down the throat of his Republican members was nothing but a waste of time.

“The Boehner Default Act would force us to go through this unnecessary drama all over again in 6 months. That is not something New Mexicans want nor deserve. I oppose this plan because it guarantees massive cuts for Social Security and Medicare beneficiaries, devastates the middle class, and puts the good faith and credit of our nation in jeopardy.

“At this late hour, the path forward is one that brings together both parties and puts the American people first—the very essence of a functioning democracy” Heinrich said.

Saying that inaction in Washington will have a devastating impact on New Mexico families, U.S. Senate candidate and State Auditor Hector Balderas said that if Washington fails to reach a compromise by Tuesday’s deadline, Members of Congress should be denied pay until a deal is reached.

 “With just over three days until we are faced with an unprecedented default, House Republicans are playing a dangerous game. Federal default is not our only worry. Recently, Moody’s announced that New Mexico is in jeopardy of losing its triple-A credit rating, because of Washington’s inability to take action. Our state is facing a situation of downgrade at best and default at worst.

 “This will have devastating effects on New Mexico families. A credit downgrade will result in higher interest payments on mortgages, car loans, student loans and small business loans. At a time when too many New Mexico families are already struggling, these consequences are the last things New Mexicans can afford.

 “As state Auditor, I work tirelessly to protect New Mexico’s economy. By ensuring that taxpayer’s hard earned money is being spent effectively and responsibly, my office has cut much of the waste, fraud and abuse that plagues states’ budgets. Our fiscal discipline has helped New Mexico maintain its triple-A rating. But because of Congress’ inability to grasp the basic principle that inaction will gravely harm our country, we are on the brink of disaster. This is unacceptable.

 “It’s time for Congress to quit playing political games with our financial and economic health. If our country defaults on its obligations, the first bills not paid should be members’ salaries, they should continue to go unpaid until a deal is reached, and these salaries should not be paid back retroactively. It’s high time for members of Congress to take responsibility for and bear the burden of their reckless inaction” Balderas said.

46 Years On, Republicans Continue War Against Medicare

Tomorrow, Medicare, the nation’s health insurance program for older Americans marks its forty-sixth anniversary. While Democrats stand committed to that promise, Republicans are working to end Medicare. In their misguided attempts to strip our seniors of access to health care, they have gone so far as to bring our nation to the brink of  disaster. In their extremist determination to break the contract and promise to America’s seniors, they threaten to sink America’s fragile economy.

Democrats have another vision. We have promised to keep faith with America’s seniors. When President Lyndon B. Johnson signed the Medicare bill into law on July 30, 1965, he said, “No longer will older Americans be denied the healing miracle of modern medicine. No longer will illness crush and destroy the savings that [seniors] have so carefully put away over a lifetime so that they might enjoy dignity in their later years. No longer will young families see their own incomes, and their own hopes, eaten away simply because they are carrying out their deep moral obligations to their parents.”

As America emerges from the deep recession brought on by the policies of the Republican Party, President’s Johnson’s words are more pressing than ever. Rather than raiding Medicare and Social Security, Democrats support a balanced approach that protects and strengthens our promises to America’s seniors. We will oppose any attempt to break the contract with seniors, including Medicare and Social Security, while protecting tax subsidies and giveaways to  big oil.

Doña Ana County Democrats call on elected officials of both parties, and those of all political stripes, to once and for all abandon their reckless schemes to balance the budget on the backs of America’s older citizens, on the middle class, on poor and working people, and others who have kept faith with the nations’ promises.  We demand that our representatives in Washington address the budget issues facing  our Country without breaking the contract our nation has made with those Americans.

CNN: Tea Party Extremists Have Debt Problems of Their Own

CNN is reporting that the Tea Party and Republican radicals in Congress that are lecturing Americans about debt, and taking our economy to the brink of disaster are drowning in bad personal debts of their own.

According to newly released disclosure forms, Senator Mike Lea of Utah (R-UT) has piled up over $65,000 in unpaid credit. First term Congressman Kevin Yoder (R-KS) owes $15,000 to Citicorp, and Rep. Tim Griffin (R-AK) owes American Express between $15,000 and $50,000, while Tea Party leader Rep. Joe Walsh owes more than $117,000 in unpaid child support bills.

According to the CNN report, Ryan Alexander, president of the nonpartisan group Taxpayers for Common Sense, says, “It raises that question: How are you managing your personal debt? You’re telling us how to manage our debt as a country, you’re making ultimatums, and we don’t know what you’re doing with your personal debt. And they’re holding credit card debt. Not every American does that. That’s a choice that you made, to put that kind of debt on your own personal finances.”

There’s more on the Tea Party’s bad debts online at CNN.

New Mexico Taxpayers Shell Out $104 Million in Big Oil Industry Subsidies

While Governor Susana Martinez and Congressman Steve Pearce work to cut funding for education, health care, environmental protection, and social security and Medicare payments to New Mexico seniors, their friends are raking in big dollars at taxpayer expense.

Taxpayers for Common Sense and a group of New Mexico small business owners and community organizations have released a report revealing what they have termed a “subsidy gusher.” The report show that the oil and gas industry is bilking New Mexico taxpayers out of $104 Million in public funds to subsidize a dirty industry that hauls in billions of dollars of profits. The group has identified more than $285,000 of New Mexico taxpayer dollars shelled out each and every day to support these pampered billionaires.

There’s more on this unfolding scandal at Democracy for New Mexico.

The full Subsidy Gusher Report is available online in PDF format.

Karl Rove and Heather Wilson: Together Again

Republican Senate candidate Heather Wilson has announced that she and Karl Rove will be coming back together for Wilson’s August 11 fundraiser in Albuquerque. Wilson and Rove were last linked when the two attempted to strong arm U.S Attorney David Iglesias while Rove was part of the Bush Administration in 2006. There’s more on Heather Wilson’s big team up with Karl Rove at the New Mexico Independent.

Bloomberg News: Republicans Voted for Debt that they now blame on President Obama

Since President Obama took office, Republicans have attacked him for what they call out-of-control spending.  Yet a report by Bloomberg News clearly shows that for the GOP, that attack is both hypocritical and phony. Bloomberg News reports:

“Yet the speaker, House Majority Leader Eric Cantor, House Budget Chairman Paul Ryan and Senate Minority Leader Mitch McConnell all voted for major drivers of the nation’s debt during the past decade: Wars in Afghanistan and Iraq, the 2001 and 2003 Bush tax cuts and Medicare prescription drug benefits. They also voted for the Troubled Asset Relief Program, or TARP, that rescued financial institutions and the auto industry.”

“Together, a Bloomberg News analysis shows, these initiatives added $3.4 trillion to the nation’s accumulated debt and to its current annual budget deficit of $1.5 trillion.”

The full Bloomberg News article is available here.