The more New Mexico voters learn about Democrat gubernatorial candidate Michelle Lujan Grisham’s financial interests and political insider dealings, the more it’s clear that she can’t be trusted.
Last week, Politico reported that a company run and founded by Lujan Grisham was paid “millions of dollars” to run New Mexico’s high-risk pool for seriously ill patients, even after the program was “virtually obsolete” and charging “10 percent higher” than another available program. Astonishingly, payments to Lujan Grisham’s firm increased, even as enrollment dropped, leading one former minority whip of the New Mexico House to call the arrangement “fraud.”
Now, a new report has revealed that Lujan Grisham understated her income from that company by as much as $88,000 on her 2013 House financial disclosure.
Lujan Grisham made a fortune off her firm that ripped off sick patients and taxpayers, then she failed to properly disclose that income. New Mexicans deserve better.
“Rep. Michelle Lujan Grisham earned more from her role as co-owner of the company that runs New Mexico’s high-risk insurance program than she stated on her congressional financial disclosure forms for 2013, according to a review of the report and newly released tax returns.
In annual financial disclosures required for members of Congress, Lujan Grisham initially reported receiving between $50,001 and $100,000 in dividends in 2013 from the Delta Consulting Group, which she co-founded in 2008 with a political ally who went on to get elected to the New Mexico Legislature. But her tax returns show she earned nearly $138,000 in so-called ‘passive income’ from the company that year.
Between 2013 and 2017, she reported roughly $376,000 in income from Delta.
Critics contend that New Mexico kept its high-risk pool open, even though Obamacare offers similar coverage at a lower cost, because of the clout of Lujan Grisham and her co-owner, Debbie Armstrong.”