New Mexico’s economy is stuck in low gear, barely hitting 2% growth while economists say 3% is possible—enough to triple our economic size over a decade. The fix? Streamline permitting, which is crippling development. Cities and lawmakers must act fast, with bipartisan support coming soon. Housing costs soar when permits drag on, but faster approvals mean more homes, jobs, and stability. Federally, bills like FASTER and SPEED aim to cut red tape for energy projects—critical for our renewable potential. And while we pivot toward clean energy, we can’t ignore oil and gas, which fund vital services. Unlocking these reforms at state and federal levels is the key to unlocking New Mexico’s full economic potential.
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