Steve Pearce Statement on Surge in New Mexico Revenue Projections from Energy Boom


Date: Aug. 22, 2018
Location: Albuquerque, NM

Steve Pearce, candidate for Governor, released the following statement today:

"As New Mexico's oil and gas operations boom and add hundreds of millions to our state budget we must take this opportunity to get more funds to our schools, improve our mental health system, cut taxes on Social Security for seniors, and make cash payments on strategic infrastructure projects like broadband, roads, and wastewater. We should also ensure our reserves are adequately funded.

"Today's report is unquestionably good news, but going forward we must diversify our economy to bring in more jobs and more stable sources of revenue for the state. As Governor, I will pursue an all of the above energy policy as well as bringing new jobs to New Mexico in the high tech, tourism, manufacturing, natural resources, and renewable energy industries. My opponent has authored a plan to shut down this oil boom and dry up critical funding for our state."