Report: New Mexico Should Invest in Public Infrastructure to Build a Strong Economy

https://www.krwg.org/post/report-new-mexico-should-invest-public-infrastructure-build-strong-economy

Commentary: In New Mexico, as in most states across the nation, investment in public infrastructure remains at lower levels than it did in 2002, even as the economy has rebounded after the recession. That’s according to a new report released by the Center on Budget and Policy Priorities (CBPP). Lawmakers can fix this by prioritizing new and increased investments in transportation, public buildings, water treatment systems, and other forms of vital infrastructure in order to build a strong economy now and in the future.

“This report makes it clear that while the Legislature and Governor were wise to invest some of the state’s oil-boom revenue surplus in building our infrastructure, we still have a long way to go,” said James Jimenez, executive director of New Mexico Voices for Children. “New Mexico must find a way to significantly increase stable, sustainable revenues in order to make the long-term infrastructure investments that supports a 21st century economy.”