2018 NM Senate race: on Budget & Economy

Gary Johnson: Cut government spending by 20%

Martin Heinrich (D): Yes, particularly transportation infrastructure.

Gary Johnson (L): No. Cut government spending by 20%.

Mick Rich (R): Yes. Energy development & infrastructure repair.

Gary Johnson: Cut taxes and cut spending

Martin Heinrich (D): No. Does little for working families.

Gary Johnson (L): Yes. But should have also cut spending.

Mick Rich (R): Yes. "Stimulated investment & job creation.

Martin Heinrich: Measure distribution of growth, not just overall GDP growth

But those gaps don't show up in official measurements like the GDP, which measures growth in the overall economy. Now Democratic Sens. Chuck Schumer and Martin Heinrich are trying to change that. The idea, they say, is to shed light on where economic prosperity is showing up across different income groups--and, potentially, where it's not.

Their new bill, the Measuring Real Income Growth Act, would require reporting how GDP growth is distributed along the income scale. The bureau that reports overall GDP would have to put together distributional measures of economic growth to be released with quarterly and annual GDP reports starting in 2020, laying out how growth shows up across each decile of earners and the top 1 percent.

Mick Rich: Government red tape destroys job growth