Governor Susana Martinez's administration wants to cut corporate income taxes and make additional changes to the way those taxes are assessed.
The Albuquerque Journal reports state economic development secretary Jon Barela says the move would create 7,000 to 8,000 jobs over the next couple of years, jobs that could stem job losses from projected federal budget cuts.
And let's get another glimpse, as we are all morning, of New York City in the aftermath of what was Hurricane Sandy. We saw, overnight, dramatic video of around 50 homes burning in Queens. There was massive flooding in lower Manhattan.
NPR's Robert Smith is there. Robert, we saw a video of water that was going up to the door handles of cars. I trust that the waters receded somewhat at this point.
Originally published on Wed October 31, 2012 5:16 am
Sandy, the hurricane-turned-superstorm, has left dozens dead, millions without power and thousands in need of rescue from rising waters as it slowly moves north and west from the Mid-Atlantic to pass over the Great Lakes and into Canada.
According to The Associated Press, storm damage was projected at $20 billion, "meaning it could prove to be one of the costliest natural disasters in U.S. history."
Sandy has also taken a huge human toll: More than 30 deaths since the weekend and millions more coping with damaged homes, crippled transportation systems and no power.
President Obama canceled his campaign events that were scheduled for today in Colorado and Wisconsin. He's staying in Washington to oversee the federal response to what is now described as a post-tropical storm, Sandy. Republican challenger Mitt Romney has also scaled back his events.
Now, as NPR's Scott Horsley reports, this gigantic storm has introduced a new and unpredictable element into the presidential race just one week before Election Day.
Good morning. I'm Renee Montagne. In the midst of a monster storm, let's take a moment to contemplate a monster pumpkin. Out in California, John Sach grew a pumpkin weighing just under 1,000 pounds. He calls it Sally, and it won Orange County's annual Pumpkinmania contest. Sach's pumpkin outgrew the runner-up, named Gourdita, which was downright slim at 795 pounds. According to the O.C. Register, Sally's secret is simple - a lot of food and water. It's MORNING EDITION. Transcript provided by NPR, Copyright National Public Radio.
Originally published on Tue October 30, 2012 5:07 am
Tax policy has been a divisive theme throughout the presidential campaign. At the core of the debate are divergent philosophies about what the economy needs — and how to get it.
In this Oxford-style debate from Intelligence Squared U.S., a panel of experts dissects the motion "The Rich Are Taxed Enough." The term "enough," in this case, is determined by three factors: fairness, sufficiency and efficiency.
Renee Montagne and Steve Inskeep speak with NPR reporters Jon Hamilton in Washington, Larry Abramson in Ocean City, Md., and Joel Rose in Point Pleasant, N.J., for an update on Hurricane Sandy's impact on the Eastern Coast of the U.S.