New Mexico legislators in Santa Fe are strategically preparing for potential cuts to federal funding under the Trump administration. Governor Michelle Lujan Grisham is focused on protecting the state’s financial stability amid possible reductions in areas like public education, Medicaid, and climate change investments. House Democrats have proposed a state budget that relies on more than $3 billion in reserves to shield against federal chaos. They are taking a cautious approach and not allocating general fund dollars to areas expected to face rollbacks. Senator George Muñoz has introduced bills to create a $100 million natural disaster fund and a state Medicaid trust fund, anticipating cuts to FEMA and Medicaid. These measures aim to provide financial support to New Mexico residents in case of reduced federal assistance. As the state government braces itself for potential funding cuts, legislators are taking proactive steps to ensure New Mexico’s financial stability and protect vital services for its citizens.
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