Over the weekend the Santa Fe New Mexican had an article in which RGF’s president was quoted (alongside numerous other policymakers and policy experts) which documented Senate Finance Committee Chair George Muñoz’s efforts to better understand the impact of New Mexico’s most generous “economic development” program.
We believe the recent LFC report which basically called the program a wasteful boondoggle is the definitive word on the issue as it says what numerous other national reports have found. While we certainly disagree with Sen. Maestas’ assertion that the program has “proven itself,” it will be an uphill battle to rein in the program at a time of flush revenues.
You can reach out to Sen. Muñoz here. He is undoubtedly receiving pressure from film’s well-heeled and subsidized proponents.