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Udall Would Boost Budget by $25.3 Billion, Pearce by $345 Million, Study of Candidates' Platforms Shows
For Immediate Release October 21, 2008
Pete Sepp, (703) 683-5700
(Alexandria, Va.) -- As New Mexico Senate candidates Tom Udall (D) and Steve Pearce (R) battle for votes in the final two weeks before Election Day, taxpayers have a tool they can use to measure the rhetoric against the reality of the Congressmen's campaign promises. The nonpartisan National Taxpayers Union Foundation (NTUF) released a study today that found roughly $24.9 billion separates the price tags of the candidates' platforms.
"Stump speeches usually consist of words that politicians think voters want to hear, but our study reminds candidates that there's something else New Mexicans want to hear about: the impact on taxpayers' wallets," NTUF Senior Policy Analyst Demian Brady said. "Now citizens have hard data to evaluate how the candidates' wish lists would affect federal spending."
In preparing the study, NTUF reviewed the candidates' campaign Web sites and news reports to find any proposals that would have an effect on federal expenditures. Cost estimates come from a variety of independent sources, including Congressional Budget Office reports and data from NTUF's BillTally cost-accounting system, which since 1991 has computed a net annual agenda for each Member of Congress based on their sponsorship of bills. Among the findings:
The New Mexico Senate race is one of several that NTUF is analyzing, including Colorado and Nebraska. Contests were selected on factors such as geographic diversity, perceived political significance, and the specificity in the candidates' platforms. NTUF is the research arm of the 362,000-member National Taxpayers Union, a nonprofit, nonpartisan citizen group founded in 1969 to work for lower taxes, smaller government, and economic freedom at all levels. Note: The full candidate studies are available at www.ntu.org.