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New Mexico’s legislature proposes $11.1B for 2027, cutting $150M from governor’s child care plan amid fiscal concerns.
New Mexico’s Legislative Finance Committee released a $11.1 billion budget proposal for 2027, calling for a 2.5% spending increase—$268 million—short of Governor Michelle Lujan Grisham’s $503 million request.
The main dispute centers on her universal free child care initiative, which the legislature would fund with just $13.7 million, far below her $163.2 million request.
Lawmakers cite economic uncertainty and fiscal responsibility, warning the program may face strain without sufficient revenue.
Both sides agree on a 1% state worker and teacher pay raise starting July 2026 and $73.2 million to reduce public school employees’ health insurance costs.
The full funding of the child care program remains uncertain as negotiations begin ahead of the January 20 session.
La legislatura de Nuevo México propone $11.1B para 2027, recortando $150M del plan de cuidado infantil del gobernador en medio de preocupaciones fiscales.