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Despite the fact that the U.S. borrows 40 cents of every dollar it spends, it was business as usual yesterday in Senator Jeff Bingaman's office as the soon to be retired Senator trumpeted the news that the State of New Mexico, including the City of Rio Rancho, and the City of Las Cruces will receive $3.1 million in grant funding from the U.S. Department of Housing and Urban Development (HUD). Making zero mention of the balloning federal budget deficit in 2012 or the $16 trillion in federal debt Bingaman said, “These grants will help New Mexico meet the housing needs of some of our most vulnerable residents.”
Business and Pork as Usual for Jeff Bingaman
Despite the fact that the U.S. borrows 40 cents of every dollar it spends, it was business as usual yesterday in Senator Jeff Bingaman's office as the soon to be retired Senator trumpeted the news that the State of New Mexico, including the City of Rio Rancho, and the City of Las Cruces will receive $3.1 million in grant funding from the U.S. Department of Housing and Urban Development (HUD). Making zero mention of the balloning federal budget deficit in 2012 or the $16 trillion in federal debt Bingaman said, “These grants will help New Mexico meet the housing needs of some of our most vulnerable residents.”
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