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“Every child deserves a quality education and a school building where they don’t have to worry about poor ventilation or breathing in dangerous diesel fumes."

“Hispanics are an integral part of our economy. Through their leadership with unions, they have helped strengthen the middle class and raise wages for workers. I will continue to fight for policies that invest in all workers and uplift Hispanic and Latino communities in New Mexico and across the country.”

The Federal Reserve announced it would cut interest rates for the first time in four years. It lowered rates by half of a percentage point. U.S. Congress Joint Economic Committee Chairman Sen. Martin Heinrich, D-New Mexico, issued a statement following the rate cut.

“For months, I’ve advocated for interest rate cuts to deliver the benefits of this economy to Americans. Families have had to endure unnecessary hardship for far too long because of needlessly high interest rates. Today, the Federal Reserve finally made the right call.

Democrats in Congress applauded the Fed’s decision to slash interest rates by half a percentage point, calling it a “big win for families.”

Rising temperatures and increased heatwaves fueled by climate change heighten farmworkers’ risk of heat-related illnesses according to a new report from Joint Economic Committee Democrats. Agricultural workers are 35x more likely to die from heat-related illnesses.

“Today’s release is welcome news that inflation continues to fall. The prices of energy and used cars are down. And wage growth is outpacing inflation. But there’s still work to do to ensure families feel relief. At the top of that list is cutting interest rates. "

"Democrats have delivered 43 months of consistent job growth and created nearly 16 million new jobs. That’s more than double the job creation under the Trump administration before March 2020."

“By expanding the capabilities of land ports of entry, we can keep our border and business communities thriving. That’s why I’ve been working for over a decade to modernize, expand, and deliver resources for New Mexico’s land ports of entry."

“Republican’s Project 2025 is a radical agenda that rolls back decades of progress we’ve made toward a better future for everyone. If Republicans get their way, low-income children will go hungry, seniors will be forced to choose between life-saving medication and putting food on the table, and the planet our kids inherit will be in jeopardy. We can’t let that happen”.

Joint Economic Committee Democrats

Press Center

Sep 24 2024

NEW REPORT: Investments in School Infrastructure Benefits Students, Economy & Environment

Sep 19 2024

NEW FACT SHEET: How Latinos Helped Fight Economic Inequality through Labor Movements

Sep 19 2024

New Mexico Political Report: Fed rate cut could help state, local governments

Sep 18 2024

JEC Chairman Heinrich Statement on Federal Reserve Decision to Lower Interest Rates

Sep 18 2024

Washington Post: Fed cuts interest rates by a half-point, more expected this year

Sep 12 2024

NEW REPORT: Protecting Farmworkers from Extreme Heat Benefits the Economy

Sep 11 2024

JEC Chairman Heinrich on August CPI Data: “The Fed Can Lighten the Load on Families by Cutting Interest Rates”

Sep 06 2024

JEC Chairman Heinrich on August Jobs Report: “While Republicans work to make their Wall Street friends richer, Democrats are delivering results for working people.”

Sep 04 2024

NEW REPORT: Supply Chain Investments at U.S. Land Ports Fuel Economic Growth

Aug 27 2024

Project 2025 Would Exacerbate Climate Change, Undercut Public Education, and Make Health Care Less Affordable