While we think of Social Security as “our” money, the fact is, most seniors receive much more in Social Security benefits than they actually paid in while working. The majority of the money in your Social Security check comes from other sources.
But James Jimenez, the executive director of New Mexico Voices for Children, a nonprofit group that advocates for health care access and economic security, said he’s optimistic about the session’s final outcome. He also said changes to New Mexico’s tax code could bolster the state’s economic diversification efforts, adding that concerns raised by business groups are not new.
“We know that when aid comes to families, irrespective of their status, they spend it locally,” he said. “We’re hopeful that Congress and the president will recognize contributions that all immigrants make to New Mexico and the United States economically,” Jimenez added.
“There's been policies over the years that unfortunately really haven't prioritized many communities and families of color in our state," Wallin said. "And Doña Ana County and Las Cruces have higher proportions of families that are families of color. We know that it's incredibly important to support our essential workers because we know that Doña Ana County has a higher proportion of essential workers as compared to the rest of the state and the rest of the nation.”
“We saw so many of the indicators of child well-being were really improving; then the pandemic hit,” said James Jimenez, executive director of New Mexico Voices for Children, during a virtual news conference Wednesday. “Next year, we’ll see the damage the pandemic did in a statistical way. I know we see it in new reports every single day of how families are struggling.”
"...We can show our determination and resiliency through reimagining our state's policies to repair the fault lines that have widened along racial lines, by gender and by income levels since the pandemic struck," the summary said.
Jimenez said it’s also important for legislators to enact policies to get money “into the hands of families who will spend it quickly and locally. We believe that all the tax credits to business in the world will not make a difference if people do not have money to spend in those businesses,” he said.
Bill Jordan of the nonprofit New Mexico Voices for Children pointed to annual child wellbeing rankings in which New Mexico regularly finishes last or near last in the nation. “One of the things we know from the data is our kids are behind before they ever get to school,” he said. “We urge you to invest in our own kids over Wall Street.”
Bill Jordan of New Mexico Voices for Children, said the earned income tax credit has proven to be one of the most effective measures in fighting poverty. “Building on this credit is a targeted and effective way to help low-income families and families of color who have been hit especially hard during this pandemic,” he said.
While the extraction of oil and natural gas in New Mexico is mostly done on public lands, the state has less authority over the process than you might think. And while the industry puts a lot of money into our public schools, it could put a lot more money in if the state made the rules. Unfortunately, because much of the public land where drilling takes place here is actually federal land, we must rely on the federal government to set the rules.