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Richardson Administration Diversion of Road Funds

Governor Richardson’ administration is finally starting to come clean about the real problem with road funding (subscription). Of course, if you blink, you might miss the truth and assume it has to do with the federal funding drying up. But, pay close attention and you’ll notice this:

New Mexico also has been diverting substantial revenue once earmarked for roads into the state’s general fund.

Looks like we’re not going to have to wait until Richardson is out of office to begin to feel the effects of his poor fiscal policies.