Washington, D.C. - On Wednesday, December 10, 2008, the Rio Grande Foundation and Citizens Against Government Waste (CAGW) will jointly release the 2008 New Mexico Piglet Book, focusing on government waste, fraud, and abuse in the state budget.  During the six years from FY 2003 to FY 2008, New Mexico state spending rose from $3.9 billion to $6.0 billion, an increase of approximately 54 percent.  If the Legislative Finance Committee’s revenue numbers are accurate, over the next six years, revenues will rise by 10.8 percent.  The state is facing challenging economic times and policymakers should heed the calls for spending restraint.  The 2008 New Mexico Piglet Book can serve as a template for reducing spending as painlessly as possible.    

WHO:  

Paul Gessing, President of the Rio Grande Foundation
David Williams, Vice-President for Policy, Citizens Against Government Waste
Senator Kent L. Cravens, (R-21)

WHERE:

Capitol Rotunda, Santa Fe, New Mexico

WHEN: 

Wednesday, December 10 at 10:00 a.m.

Citizens Against Government Waste is a nonpartisan, nonprofit organization dedicated to eliminating waste, fraud, abuse, and mismanagement in government.