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New Mexico Steps Up Amidst Federal Cuts

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New Mexico Steps Up Amidst Federal Cuts

New Mexico Governor Michelle Lujan Grisham has signed legislation allocating $162 million to bolster food assistance, rural healthcare, and public broadcasting. This initiative acts as a response to anticipated federal funding cuts and the potential expiration of Affordable Care Act subsidies. The state aims to mitigate the impact of federal tax cuts, estimated to cost New Mexico around $200 million annually, leveraging a budget surplus driven by strong oil production. While acknowledging the measures are temporary, Governor Lujan Grisham stated, "When federal support falls short, New Mexico steps up."

Prepared by Lauren Mitchell and reviewed by editorial team.

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