The three Democrats seeking New Mexico’s 1st Congressional District seat in the U.S. House share many ideas for reducing the nation’s debt, while the lone Republican in the race says the simple answer is balancing the nation’s budget.
Martin Heinrich supports pay-as-you-go budgeting and more transparency and accountability in spending to deal with the nation’s deficit, while Hector Balderas says the United States must invest in education and other programs to boost the economy before working to reduce the deficit.
Heather Wilson supports a balanced-budget amendment to reign in the federal government’s spending and also wants to “simplify the tax code and broaden the base,” while Greg Sowards has a seven-step plan to create the right conditions for a balanced-budget amendment and turn around America’s economy.