One of the reasons Bill Richardson is my favorite Democratic candidate is his resistance to the notion that the only way to balance budgets is by raising everyone's taxes. In fact, Governor Richardson has lowered taxes in New Mexico *and* run huge surpluses by smart spending and budget cuts where appropriate. Here's a great interview with the Gov on CNBC stressing his balanced-budget cred (in fact, I think it's my favorite of his 2008 media interviews so far...great stuff):
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