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)
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)
"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."
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.
The COVID-19 pandemic has laid bare the brutal truth that the economic divide between the haves and have-nots – caused by centuries of discrimination and enshrined in unfettered capitalism – is not simply a quality-of-life matter. It is, in fact, a matter of life and death.
Fact Sheet (first in the series) Stimulus checks – also called rebates – were in one of the aid packages passed by Congress to help Americans during the COVID-19 pandemic and the resulting economic downturn. This fact sheet looks at who gets them, how much they will receive, who is left out, and what is left to be done. (State-level data on factors of economic well-being)
Fact Sheet (series introduction) Congress has passed several aid packages to help Americans during the COVID-19 pandemic and the resulting economic downturn. This series looks at what's in the aid packages, how they will impact you, your family, community and state, who was left out of the stimulus, and what should come next.
Las Cruces Sun-News--NM Voices contends the lack of financial assistance immigrants will receive during the COVID-19 crisis will lead to a loss in economic activity in areas of the state with higher immigrant populations, exacerbating a growing economic crisis in those areas. The report lists ways immigrants are under-served during an emergency like a pandemic.
NM Political Report--NM Voices for Children and other nonprofit organizations issued a report Thursday highlighting the contributions immigrants make to society to point out the inequity of refusing relief to a group who pays state, federal and local taxes. According to the report, both documented and undocumented immigrants pay more than $996 million annually in federal, state and local taxes.
Many of New Mexico’s immigrants – including some with legal residency – have been mostly left out of ongoing state and federal relief efforts put in place to help blunt the coming recession and assist displaced workers and small business owners. That is one of the conclusions of a report released today to coincide with International Workers’ Day, which is May 1.