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[return to "New Mexico is first state in US to offer universal child care"]
1. CGMthr+hr[view] [source] 2025-09-09 16:09:13
>>toomuc+(OP)
Sounds great.

>average annual family savings of $12,000 per child.

How is NM paying for this? They currently have a 'D' grade from Truth in Accounting[1] with a $9.8 billion debt burden driven by unfunded obligations of pension and retiree health care

[1]https://www.truthinaccounting.org/library/doclib/NM-2020-2pa...

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2. anothe+Jy[view] [source] 2025-09-09 16:36:45
>>CGMthr+hr
child care policy frees labor capacity for work that is more likely to earn a slice of the national income. It’s almost certainly going to result in greater economic activity for the state. In the immediate it is funded from two existing funds.
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