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It makes neither political nor economic sense, but evidence mounts by the day that the Republican majority in the U.S. House of Representatives is determined to wreck the nation’s economy.
It is beyond mindless; it’s reckless.
New Mexico’s freshman Congresswoman Michelle Lujan-Grisham drove the point home last week when the Dist. 1 Democrat warned that Congress must act to avert the disaster of sequestration before March 1 when massive across-the-board federal budget cuts are scheduled to kick in under a measure passed in 2011.
If Congress doesn’t get down to business and do its job — either by producing a budget or by rescinding that sequestration mandate requiring $1 trillion in automatic budget cuts — tens of thousands of New Mexicans will see their jobs vanish, Grisham said while visiting an Albuquerque high-tech company.
According to a recent George Mason University study, Grisham noted, no sector of New Mexico’s economy, be it public or private, will be spared crushing economic blows if Congress — starting with the Republican House majority — allows sequestration to proceed on schedule.
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