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Regional leaders speak out on sequestration

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Politics > Spending cuts to go in effect Friday

By The Staff

The Regional Coalition of LANL Communities announced this morning the endorsement and unanimous support of State Representative Stephanie Garcia Richard’s House Memorial 71 that recognizes the critical importance of New Mexico’s National Laboratories and DOE facilities to the state’s economic welfare and the negative effects that sequestration will have on New Mexico’s economy.
 Los Alamos National Laboratory alone has close to a $3 billion impact on the state’s economy each year and supports more than 24,000 jobs in Northern New Mexico.
“Sequestration would have a devastating effect on our local communities,” said Santa Fe Mayor David Coss, chair of the Regional Coalition of LANL Communities. “We fully understand the tremendous impact that LANL has on the economy of Northern New Mexico and the continued instability in our federal budget has a ripple effect that is felt from Taos to Espanola to Santa Fe.”
The Regional Coalition recognizes that Northern New Mexico is highly dependent on federal spending in the area of nuclear technology and sequestration may cause tens of thousands of New Mexicans to lose their jobs through direct and indirect job losses at Los Alamos National Laboratory.


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