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CONSIDER THESE FACTS
PETE DOMENICI FAILS NEW MEXICO
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TAX CUTS FOR WEALTHY In 1981 and 2001, Domenici voted to give windfall tax-dollars to the wealthiest 1% of Americans. In 1981, Domenici voted to reduce the federal inheritance tax by 20%. When did you last hear of workers receiving a 20% salary increase in a year?In May 2001, Domenici voted to repeal federal inheritance taxes altogether. Few people realize the pre-2001 federal inheritance law allowed $2 million of inherited wealth to pass TAX FREE between generations. [continued]. SOCIAL SECURITY AND MEDICARE Since the 1960's, Congress has been borrowing money from Social Security to operate the annual budget. Windfall-tax-cuts for the wealthy and for corporations beginning in the 1960's have caused the government to borrow from Social Security in order to fund the daily operations and programs of the federal government and to provide money to the States to fund their programs for education, law enforcement, housing, health, roads/highways, supplemental foods and the environment [continued]. EDUCATION The 1998 National Assessment for Educational Progress (NAEP) found 85% of minority 4th graders and 69% of all 4th grade students read below grade level. New Mexico's school drop-out rate is nearly 60%. [continued]. |
HEALTH CARE AND PENSIONS Although corporate profits and the value of the stock of corporations has substantially increased over the last 20 years, workers' wages have remained stagnant and have not increased. Congress proposes $1 per hour increase phased in over 2-3 years. Two-thirds of minimum wage workers are women. How does $8 per day in 3 years buy health insurance (25% of New Mexicans have no health insurance) or a pension or keep up with inflation which erodes the dollar's value? Our state needs jobs paying more than minimum wage currently $5.15 per hour [continued]. ENVIRONMENT Hantavirus and the plague are reoccurring in New Mexico. Rodents carry these diseases and rodents are the primary food of coyotes. DOMENICI VOTED FOR INCREASED FUNDING TO ERADICATE COYOTES under the Animal Damage Control Act [continued]. ECONOMIC DEVELOPMENT The Los Alamos and Sandia National Laboratories produce technology not found anywhere else in the Nation and the world. Instead of using this technology in New Mexico to produce good jobs, our State is the 15th highest exporter of technology [continued]. © Committee to Elect Francesca Lobato |