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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. seanmc+CF[view] [source] 2025-09-09 17:03:51
>>CGMthr+hr
This is actually kind of smart: any other kind of social welfare like free housing or free healthcare could be gamed by people moving in state to exploit it without providing much in return. But free child care...this could genuinely attract jobs and people to work them for the benefit of the state as a whole.
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