I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
New Mexico will be able to pay its bills for about 22 days if the federal government fully or partially halts payments to the state, according to Finance and Administration Secretary Rick May.
The Treasury Department says it has the legal authority to borrow until Aug. 2. The AP reports that federal government revenues account for a third of the state’s $15 billion budget, and $3 billion of that going towards Medicaid. The state has $1.4 billion in reserves and pays out about $65 million per day.
Moody’s placed New Mexico’s credit rating “under review” for downgrade, however, because of its reliance on the federal government for revenues (including Medicaid reimbursements), and number of federal employees.
