Report says New Mexico is prepared for a recession — in some ways
Albuquerque Business First--"It is especially important that New Mexico is relatively well-prepared to weather a recession because we will be harder hit than other states by lower oil and gas prices due to our over-reliance on that industry as a revenue source,” James Jimenez, executive director of New Mexico Voices for Children, said in a statement.
Methane rule to help fight crises
Albuquerque Journal--Each year in New Mexico, oil and gas companies waste hundreds of millions of dollars’ worth of natural gas through venting, flaring and leaks, all of which worsens air pollution and costs the state more than $43 million in royalty and tax revenue. That is enough revenue to increase pre-K enrollment by 80% and offer more than 7,000 additional New Mexico kids access to quality early childhood education.
BLM grapples with public participation amid coronavirus pandemic, while some call for lease sales to be postponed
NM Political Report--“While New Mexico families are focused on making sure their loved ones are safe and healthy during this fast-moving crisis, other problems are brewing at the state level that may cause pain for years to come. Plummeting oil and gas prices are draining the state budget of funds needed for public safety, health care, education, and more."
We Can Prevent Neglect, Child Abuse by Working ‘Upstream’
Youth Today--For the most part, I found New Mexico’s social workers to be kind, strong individuals. It also seemed evident that they are being asked to do one of the most difficult jobs in state government. Helping to decide the fate of children is no small matter, and even the best-intentioned decisions can go terribly wrong.
Trump Administration Should Postpone Oil and Gas Lease Sales Until Prices Stabilize
While New Mexico families are focused on making sure their loved ones are safe and healthy during this fast-moving crisis, other problems are brewing at the state level that may cause pain for years to come. Plummeting oil and gas prices are draining the state budget of funds needed for public safety, health care, education, and more. Actions by the Trump Administration will make this long-term revenue crisis worse.
NM Partially Prepared for Recession, but Coronavirus Crisis will Worsen the Situation
“It is especially important that New Mexico is relatively well-prepared to weather a recession because we will be harder hit than other states by lower oil and gas prices due to our over-reliance on that industry as a revenue source,” said James Jimenez, executive director of New Mexico Voices for Children.