Weh said those management values from business should be carried over to federal finances. For instance, cash reserves--instead of debt--should be built up, he said. "Why doesn't the government have a little safety net?" he said. "Why doesn't it set aside money and keep it, so that when we have natural disasters like Hurricane Katrina, we don't have to go borrow money from China?"
Weh said he would prioritize cuts, and they'd include "entitlements overall." Examples include the food stamp program and Social Security disability, which have grown at a fast pace in recent years
We completely overhauled a near-bankrupt unemployment insurance system. We reformed our state pension funds, resolving a $12 billion shortfall while ensuring that state workers, police officers, teachers, and others will have the retirement support they deserve. Education spending now exceeds pre-recession levels, with more accountability.
Not only have we not raised taxes on families and businesses, we have cut taxes 19 different times. Less than one year ago, in a display of tremendous bipartisanship, we passed the most significant tax reform in a generation and sent the loudest message yet that New Mexico is striving to be a business-friendly state.
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