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Morning Word: Credit Rating Impacted by State Budget Woes

October 26, 2016, 7:30 am
State’s Credit Rating Drops
The state’s credit rating is lower today after Moody’s Investors Service downgraded it due to “volatile tax revenues and 'the depletion of general fund reserves.'"
The change came just three weeks after a special legislative session in which lawmakers approved a series of bills to eliminate budget deficits for fiscal years 2016 and 2017. But legislators and Gov. Susana Martinez largely closed the deficits with one-time revenues, dropping reserves to their lowest level in years.
Animal Control Code Changes Tossed
“Santa Fe County commissioners on Tuesday rejected a sweeping proposal to revamp the animal control code, which governs residents’ interactions with pets and livestock in areas of the county outside city limits,” reports Justin Horwath.
Instead, commissioners voted to consider smaller changes to the animal code next month. The proposed amendments would ban any form of restraining an animal on private property with chains, tethers or trolley systems. But unlike the original code changes, they won’t prohibit a resident from using voice command to control an unleashed dog in a public place.
Libertarians Could Get Major Party Status in New Mexico
Libertarian party presidential candidate Gary Johnson has been polling well in New Mexico and if that translates into at least five percent of the total vote here, the party’s status would be escalated and qualify for its own primary contest in future elections.

Senate Leader Targeted by Martinez Super PAC
Gov. Susana Martinez was expected to target Sen. Michael Sanchez in this fall’s campaign. The Albuquerque Journal reports her political action committee has set aside almost a quarter million dollars for television ads that accuse the senate leader of blocking her criminal law reform bills.

Frontier Days Return to Elida
This reminded us of the old wild West days: The mayor of Elida Village says the Roosevelt County Sheriff challenged him to a fist fight after refusing to impound a dog that was caught killing chickens. Even the players have good cowboy-type names: Sheriff Malin Parker denies Mayor Durward Dixon’s accusation.

Takin’ It to the Shed
Speaking of fighting, it appears that Joe Biden and Donald Trump are talking some smack themselves. Biden says he has no interest in debating the Republican Party presidential nominee, and instead wishes he was in high school and could take Trump "behind the gym."  Trump is game, except he’d like to fight Biden in a barn. That has us wondering if the secret service details are questioning the men for threatening each other.

Lobos Ranked First in Rushing Yards
This surprised us, but the University of New Mexico Lobos football team leads the nation in offensive rushing yards this year. KRQE’s Van Tate reports the team is averaging 374.1 rush yards per game. Army is second at just under 358 yards per game. Air Force, another Mountain West Conference team, is fifth at 291.4 yards per game.

Cub Fans Disappointed After Game 1
The Chicago Cubs aren’t off to a good start in their first World Series in decades. They lost to the Cleveland Indians in Game 1, 6-0.


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