Taxpayers Hit Again – and Again!

Taxpayers Hit Again – and Again!

  • Post published:June 18, 2015
  • Post category:Issues

Audit: Defaults on Government-Backed Loans for Renewable Energy Could Cost Taxpayers $2.2 Billion: Taxpayers are on the hook for more than $2.2 billion in expected costs from the federal government’s energy loan guarantee programs, according to a new audit Monday that suggests the controversial projects may not pay for themselves, as officials had promised.

“Nearly $1 billion in loans have already defaulted under the Energy Department program, which included the infamous Solyndra stimulus project and dozens of other green technology programs the Obama administration has approved, totaling nearly about $30 billion in taxpayer backing, the Government Accountability Office reported in its audit,” the Washington Times reports. Read more HERE.

GOTV – Dona Ana Soil & Water Conservation District Election is Today: We know that water and land are some of the most precious resources we have. Today, May 5th, is a chance for those living in Dona Ana County to vote regarding who has control of these important resources. The NMBC encourages all who are eligible to get information about the candidates and vote. More information, including sample ballots and voting locationsHERE.

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Nominate a HERO Today! The NMBC is currently accepting nominations for NMBC Heroes to honor at the 2015 Heroes Luncheon on August 27, 2015. Nominate a HERO who has shown courage and integrity on behalf of New Mexico’s business environment. Download and fill out the nomination form HERE and email your submission to nmbiz@nmbizcoalition.org. YOUR LOGO OR BUSINESS NAME COULD BE HERE!

Sponsorships for the 2015 Heroes Luncheon are available – contact the NMBC at (505) 836- 4223 ornmbiz@nmbizcoalition.org for opportunities.

Protect Your Business from Wire Fraud: With the increase in cyber-security awareness, it may seem overwhelming to try and protect your network from hackers. This Albuquerque Business First article shares some tips to keep your systems and customers safe and secure.

$20 for a Custom Built Black Briar Rifle or 7-day Vacation? No, it isn’t too good to be true! 2015 Raffle tickets are on sale now for just $20. The drawing will be held at the Annual Heroes Luncheon on August 27, and you do not have to be present to win.

Tickets are $20 for one, three for $50 or BEST DEAL: ten for $100. Purchase tickets HERE! Don’t Miss the Southwest Business Summit: Join the NMBC at the Southwest Business Summit on May 19 at Crowne Plaza Albuquerque. NMBC President Carla Sonntag, is a featured panelist along with many other local leaders. The Summit is free to the public, but RSVP is recommend –

Register HERE.

Join the NMBC today – we have membership opportunities for everyone!