How the Federal COVID-19 Response Impacts New Mexico: Fiscal Relief for Tribes, States & Cities GalleryHow the Federal COVID-19 Response Impacts New Mexico: Fiscal Relief for Tribes, States & Cities
Economic Security Publications, Publications, Racial and Ethnic Equity Publications, Tax and Budget Publications
How the Federal COVID-19 Response Impacts New Mexico: Fiscal Relief for Tribes, States & Cities
Fact Sheet (fourth in the series) Tribes, states, and local governments are facing enormous costs in their attempt to contain, treat, and respond to this unprecedented public health emergency. Simultaneously, tax revenues are falling with the plummeting economic activity. Federal legislation was passed to help address the immense revenue needs for New Mexico and all the other states, but more will be needed in the future.
Investing in all New Mexicans will lead us to a quicker, more equitable recovery
During this public health emergency, New Mexico needs to do all it can to shore up essential services, take care of frontline workers, and extend a hand to New Mexicans who are sick, unable to work, or struggling to provide for their families. But falling tax revenue has put at risk New Mexico’s ability to protect our communities. While the path forward won’t be easy, lawmakers can steer us toward an equitable recovery by putting families first.
How the Federal COVID-19 Response Impacts New Mexico: Small Business Provisions
Fact Sheet (third in the series) Small businesses are the backbone of New Mexico's economy. While some of the federal aid packages passed by Congress aim to help small businesses survive the COVID-19 pandemic, few New Mexico businesses are likely to benefit. (State-level data on small business demographics)
How the Federal COVID-19 Response Impacts New Mexico: Food Assistance
Fact Sheet (second in the series) With food insecurity already a big problem before the COVID-19 pandemic, the economic slump has only made it worse. Some of the federal aid packages passed by Congress allow states to expand their SNAP programs, which will help. This fact sheet looks at what this means for New Mexico. (State-level data on food insecurity)
Statement: Child Advocates Oppose Austerity, Press for Investments in Wake of State Revenue Estimates
"The revenue estimate highlights how overly dependent New Mexico is on revenue from the volatile oil and gas industries. Thanks to ill-advised tax cuts in the past, oil and gas now account for one-third of the state budget. We simply can’t be that reliant on an industry with a boom-or-bust track record, particularly when the whole economy sours and other revenue streams take a hit due to the pandemic."
Pandemic shows kids need their scheduled vaccines
Albuquerque Journal--Fear of COVID-19 has prompted parents to cancel well-child visits nationwide, putting millions of children at risk for whooping cough, measles and other life-threatening illnesses. But non-COVID-19 medical needs haven’t gone away, and it is just as essential to prevent other vaccine-preventable diseases like polio and meningitis as it is to develop a safe and effective coronavirus vaccine.