Economy & Jobs

Too many people in Washington, D.C. think that if the stock market is going up, the economy is in good shape. But that’s not the reality for working families. The way we should measure the success of the economy is if parents can afford to send their kids to college, entrepreneurs can start new businesses, and workers are able to retire with peace of mind.

As a member of the Joint Economic Committee, I am focused on building an economy that works for everyone—not just a select few. My number one priority is not only continuing to grow our economy, but also ensuring that we create good jobs that pay workers a fair and livable wage.

From making college affordable, to strengthening our nation’s infrastructure, to growing our diverse, high-tech, advanced manufacturing and clean energy industries, I remain deeply committed to strengthening New Mexico’s middle class. We must restore the basic bargain on which this country was built – that if you work hard and play by the rules, you can get ahead. I won’t stop fighting until every New Mexican who is willing to work hard to support their family and their community can find a job that supports them.

Latest

  • Udall, Heinrich Join Call to Strengthen Support for Children of Migrant Workers in the Next COVID-19 Relief Package

    WASHINGTON - U.S. Senators Tom Udall (D-N.M.) and Martin Heinrich (D-N.M.) joined a bicameral group of 16 Democratic lawmakers colleagues in sending a letter to Senate leadership asking for increased funding dedicated to supporting the unique needs of the children of migrant workers during the COVID-19 pandemic as a part of the next congressional relief package. Read More


  • Heinrich Launches Virtual Job Fair To Assist New Mexicans Seeking Employment

    WASHINGTON - In an effort to address the impact of the COVID-19 pandemic on New Mexico's economy, U.S. Senator Martin Heinrich (D-N.M.) announced the launch of a Virtual Job Fair, held in conjunction with the U.S. Office of Personnel Management (OPM), the New Mexico Department of Workforce Solutions, and the University of New Mexico (UNM). Read More


  • Udall, Heinrich Introduce Legislation To Require Transparency Of Small Business Loans Amid COVID-19 Crisis

    WASHINGTON - Today, U.S. Senators Tom Udall and Martin Heinrich introduced the Paycheck Protection Program Transparency Act, legislation that requires the Small Business Administration (SBA) to release data on companies receiving loans from the Paycheck Protection Program (PPP) amid the COVID-19 crisis. The bill comes after reports of PPP loans going to rich corporations, while shutting out small businesses– particularly small businesses in minority communities. Read More


  • Udall, Heinrich Join Legislation Requiring Airlines Return Billions to Consumers During Coronavirus Pandemic

    WASHINGTON - Today, U.S. Senators Tom Udall (D-N.M.) and Martin Heinrich (D-N.M.) joined legislation that would require major airlines and third-party ticket sellers to offer full cash refunds for all cancelled tickets during the coronavirus pandemic. The Cash Refunds for Coronavirus Cancellations Act of 2020, which was introduced by Senators Edward J. Markey (D-Mass.), Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Chris Murphy (D-Conn.), and Kamala Harris (D-Calif.), would require refunds be provided regardless of whether the airline cancelled an entire flight or the passenger cancelled their individual ticket. Read More


  • As Deadline Approaches, Heinrich Urges Small Businesses To Apply For Paycheck Protection Program Assistance

    WASHINGTON - U.S. Senator Martin Heinrich (D-N.M.) is urging New Mexico small business owners and nonprofits affected by the COVID-19 pandemic to apply for funding through the U.S. Small Business Administration (SBA) Paycheck Protection Program before the deadline on Tuesday, June 30. These loans are fully guaranteed by the SBA, and can be forgiven if small businesses meet certain requirements, including utilizing 60% of the loan for payroll. Read More


  • Udall, Heinrich Introduce CORE Act to Ensure Transparency in COVID-19 Response

    WASHINGTON - U.S. Senators Tom Udall (D-N.M.) and Martin Heinrich (D-N.M.) joined Senators Elizabeth Warren (D-Mass.), Richard Blumenthal (D-Conn.), Chris Coons (D-Del.), and U.S. Representatives Pramila Jayapal (D-Wash.) and John Sarbanes (D-Md.) to introduce the Coronavirus Oversight and Recovery Ethics (CORE) Act (S. 3855), legislation that would ensure stronger oversight, accountability, and transparency in the federal government's response to the COVID-19 crisis. The lawmakers are calling for the provisions of the CORE Act to be central to any future relief bill to ensure taxpayer dollars do not benefit interests of the wealthy or well-connected to the exclusion of the American people.  Read More


  • Heinrich Delivers Speech On Great American Outdoors Act

    WASHINGTON - Today, U.S. Senator Martin Heinrich (D-N.M.) delivered a speech on the Senate Floor in support of the bipartisan Great American Outdoors Act. On Monday, the Senate voted overwhelmingly 80-17 to invoke cloture on the motion to proceed to consideration of the bill-a major step forward in it becoming law.  Read More