0001|                       HOUSE JOINT MEMORIAL 76
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0002|     43rd legislature - STATE OF NEW MEXICO - first session, 1997
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0003|                            INTRODUCED BY
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0004|                           NICK L. SALAZAR
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0005|     
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0006|                                   
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0007|     
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0008|     
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0009|     
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0010|                           A JOINT MEMORIAL
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0011|     REQUESTING THE NEW MEXICO CONGRESSIONAL DELEGATION TO VOTE
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0012|     AGAINST A BALANCED BUDGET AMENDMENT THAT WOULD USE SOCIAL
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0013|     SECURITY RESERVES AS A BALANCING MEASURE.
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0014|     
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0015|          WHEREAS, it is the obligation of congress to protect and
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0016|     preserve social security for the elderly and the disabled; and
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0017|          WHEREAS, congress is in the process of debating and voting
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0018|     on a balanced budget amendment; and 
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0019|          WHEREAS, much of the debate in congress about the balanced
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0020|     budget amendment is whether to include social security reserves
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0021|     in the annual balancing calculation; and
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0022|          WHEREAS, one version of the balanced budget amendment
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0023|     would exclude the social security reserves from the annual
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0024|     balancing calculation; and
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0025|          WHEREAS, supporters of a social security exclusion hope to
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0001|     better protect the social security trust funds; and
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0002|          WHEREAS, instead of jeopardizing social security, congress
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0003|     should concentrate on supporting President Clinton's 1998
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0004|     budget request, which aims to balance the federal budget by the
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0005|     year 2002; 
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0006|          NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE
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0007|     STATE OF NEW MEXICO that the New Mexico congressional
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0008|     delegation be requested to vote against a balanced budget
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0009|     amendment that would use social security reserves as a
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0010|     balancing measure; and
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0011|          BE IT FURTHER RESOLVED that copies of this memorial be
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0012|     transmitted to the New Mexico congressional delegation.
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0013|                                                         State of New Mexico
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0014|                      House of Representatives
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0015|   
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0016|                      FORTY-THIRD LEGISLATURE
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0017|                        FIRST SESSION, 1997
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0018|   
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0019|   
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0020|                                                  March 11, 1997
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0021|   
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0022|   
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0023|   Mr. Speaker:
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0024|   
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0025|        Your VOTERS AND ELECTIONS COMMITTEE, to whom has
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0001|   been referred
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0002|   
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0003|                   HOUSE JOINT MEMORIAL 76
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0004|                               
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0005|   has had it under consideration and reports same with
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0006|   recommendation that it DO PASS.
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0007|   
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0008|                                 Respectfully submitted,
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0009|   
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0010|   
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0011|   
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0012|                                 <u>                                
</u>    |
<u></u>0013| <u>  
</u>    |
<u></u>0014| <u>                                </u>                             Edward C. Sandoval, Chairman
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0015|   
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0016|   
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0017|   Adopted <u>                    </u>     Not Adopted <u>                    
</u>    |
<u></u>0018| <u>   </u>
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0019|             (Chief Clerk)                       (Chief Clerk)
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0020|   
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0021|                        Date <u>            </u>
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0022|   
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0023|   The roll call vote was<u> 6 </u> For<u> 4 </u> Against
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0024|   Yes:      6
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0025|             No:       Bird, Buffett, Lutz, Weeks
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0001|             Excused:  Nicely, Sanchez
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0002|             Absent:   None
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0003|   
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0004|   
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0005|   G:\BILLTEXT\BILLW_97\HJ076
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