PNS Daily Newscast - July 7, 2020 

The U.S. Supreme Court rules against rogue 2016 Electoral College voters; SBA pandemic aid goes to companies that don't pledge to save or create jobs.

2020Talks - July 7, 2020 

Biden's climate change task force is making some progress; a federal judge orders the Dakota Access Pipeline shut down; and today sees elections in NJ and DE.

NM Hopes for Multi-Million Dollar Boost from Federal Stimulus Package

December 17, 2008

Albuquerque, NM - The New Year may bring some welcome economic news to New Mexico. The state could receive an additional $370 million in federal matching Medicaid funds. Under the proposed tax stimulus package that's been requested by President-elect Obama, federal Medicaid matching payments could create more than 6,000 new jobs in New Mexico. That's according to a report by Families USA, which says the funding could also mean about $575 million in new business activity.

Bill Jordan is policy director with New Mexico Voices for Children. He says more than 40 percent of kids in the state get their health care through the Medicaid program – and that for every dollar New Mexico spends on Medicaid, it gets nearly three more dollars from the federal government.

"It's a way of drawing in additional federal dollars at a time when we really need it."

In the meantime, Jordan suggests that New Mexico families under economic pressure reach out for whatever assistance they can get, whether it's health care, child care services or in particular food stamps.

"A lot of families may not think that they are eligible for food stamps and may not have received them in the past, and it's important that they reach out and get that kind of assistance."

Another new report, from the bipartisan group First Focus, warns that an additional three million children in the U.S. could be driven into poverty if the current recession continues. Opponents of the tax stimulus package cite concerns over the growing budget deficit and possible tax increases.

Bruce Kennedy, Public News Service - NM