Tipping Point NM episode 551: Why New Mexico is Sitting on Billions of Unspent Funds with Tom Clifford

On this week’s interview Paul sits down with Tom Clifford to discuss New Mexico’s hidden pots of money and billions of dollars in unspent funds sitting around, often not  generating a return. Tom Clifford was cabinet secretary of the New Mexico Department of Finance and Administration under Gov. Susana Martinez. He now works as Research Director with New Mexico Tax Research Institute.

Why is New Mexico sitting on billions in unspent funds? Could there be a better approach? What should be done with those dollars instead?

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One Reply to “Tipping Point NM episode 551: Why New Mexico is Sitting on Billions of Unspent Funds with Tom Clifford”

  1. So you’re suggesting even more money that is currently being set aside in financial institutions should be spent? I thought that was kind of the opposite of right wing economic philosophy.

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