Report: NM to Lose Millions if New Immigration Rule is Implemented
New Mexico could lose an estimated $146 million in federal funds if the Department of Homeland Security (DHS) is able to implement rules it promulgated regarding government benefits, including nutrition and health care services. That lack of federal funds would translate to a loss to the state’s gross domestic product (GDP) of as much as $285 million, as well as 1,937 jobs, and $17 million in state tax revenue. That’s according to a policy brief co-released today by the Fiscal Policy Institute of New York and New Mexico Voices for Children.