Latest Breaking News On - Mexico governor seeks to offset biden - Page 1 : comparemela.com

TUES: Bill To Boost Early Education Funding Advances, APS Appoints Elder As Superintendent, + More

By Cedar Attanasio Associated Press / Report For America With less than a week remaining in the New Mexico legislative session, state senators are hashing out a proposal that could change the way education is funded for decades by increasing withdrawals from a unique $20 billion public endowment. The initiative advanced Tuesday toward a Senate floor vote that would tap the trust fund to increase spending on preschool and K-12 education by about $250 million a year. Legislative approval would send the proposed constitutional amendment to a statewide vote. The Land Grant Permanent Fund currently pays out 5% of its average five-year balance, mostly to K-12 schools. Oil income and investment gains doubled the value of the fund over the past 11 years.

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MON: Haaland Confirmed As Interior Secretary, Governor Seeks To Offset Biden s Oil Policies, + More

By Susan Montoya Bryan, Associated Press Gov. Michelle Lujan Grisham says nearly three-quarters of $1 billion could be lost over the next four years if New Mexico sees even a 10% reduction of oil and gas production due to President Joe Biden s actions to curb leasing on public lands. The first-term Democratic governor said Monday in a letter to the president that financial losses of that magnitude would have real effects on the state s ability to achieve goals like universal access to early childhood education. The governor is asking that New Mexico be granted energy transition credit for actions the state already is taking to address pollution and move toward more renewable energy.

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TUES: Congressional Race To Succeed Haaland Takes Shape, Lawmakers Close In On Spending Plan, + More

TUES: Congressional Race To Succeed Haaland Takes Shape, Lawmakers Close In On Spending Plan, + More
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United statesDelaware countyNew mexicoNew jerseyTorrance countyLaguna puebloNew hampshireRocky mountainsUniversity of new mexicoBernalillo countyNew mexicansEddy aragonMichelle lujan grishamAntoinette sedillo lopezAdam crepelleGeorgene louis