Grisham actually claimed the raising of tax rates proposed by Barrack Obama would provide a trillion dollars of revenue. She is off by more than 90% according to all estimates. “The income tax on the wealthiest of Americans provides a trillion dollars back to the federal budget,” a woefully uninformed Lujan Grisham asserted early in the debate.
Jim Spence (left) |
Lujan Grisham also put her ignorance of the financing of Obamacare on full display. She claimed that the so-called Affordable Care Act was not supported by cuts to Medicare, but rather by “windfall profits” diverted from insurers. Note to Grisham. Congress took over $700 billion from Medicare to pay for Obamacare.
In wake of one goverment-backed green energy bankruptcy after another Lujan Grisham decided it was time to take a shot at the biggest taxpaying industry in the state of New Mexico. She called the oil and gas industry a "special interest."As Grisham belted out one false statement after another about some of the most basic factors affecting the economy, it was Janice Arnold-Jones who had to continuously set the record straight. “New Mexico relies on the oil and gas industry. It is not a special interest and receives no special treatment," she said.
The difference between Arnold-Jones and Grisham was like night and day. Arnold-Jones knew the facts and provided them. All Grisham wanted to do was talk about confiscating more and more money earned by the private sector to support a bigger and bigger government. Arnold-Jones suggested that what America has in Washington is a “spending problem.” Watch the entire debate on KOB-TV here: News New Mexico