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F I S C A L I M P A C T R E P O R T

SPONSOR Crook

ORIGINAL DATE

LAST UPDATED

2/14/07

HB HJM 21

SHORT TITLE Ronald Reagan Day

SB

ANALYST Guambaña

APPROPRIATION (dollars in thousands)

Appropriation

Recurring

or Non-Rec

Fund

Affected

FY07

FY08

NFI

(Parenthesis ( ) Indicate Expenditure Decreases)

SOURCES OF INFORMATION

LFC Files

SUMMARY

Synopsis of Bill

House Joint Memorial 21 requests recognition of February 6, 2006 as “Ronald Reagan Day" in

the New Mexico Legislature.

SIGNIFICANT ISSUES

•

President Ronald Wilson Reagan worked throughout his life serving freedom and

advancing the public good. He was employed as an entertainer, union leader, corporate

spokesman, governor of California and president of the United States;

•

Ronald Reagan served with honor and distinction for two terms as the fortieth president of the

United States of America; the second of which he earned the confidence of 3/5 of the electorate

and was victorious in forty-nine of the fifty states in the general election, a record unsurpassed

in the history of American presidential elections;

•

In 1981 when Ronald Reagan was inaugurated president, he inherited a nation shackled by

rampant inflation and high unemployment;

•

During Mr. Reagan's presidency, he worked in a bipartisan manner to enact his bold agenda of

restoring accountability and common sense to government, which led to an unprecedented

economic expansion and opportunity for millions of Americans;

•

Mr. Reagan's commitment to an active social policy agenda for the nation's children helped to

lower crime and drug use in our neighborhoods;

House Joint Memorial Bill No. 21 – Page

2

•

President Reagan's commitment to our armed forces contributed to the restoration of pride in

America, its values and those cherished by the free world, and prepared America's armed forces

to meet twenty-first century challenges;

•

President Reagan's vision of "peace through strength" led to the end of the cold war and the

ultimate demise of the Soviet Union, guaranteeing basic human rights for millions of people; and

•

February 6, 2007 will be the ninety-sixth anniversary of Ronald Reagan's birth, and the third

since his passing.

AG/mt