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Wednesday, January 9, 2008

Richardson proposes New Mexico budget

The governor detailed his proposed six billion dollar budget for New Mexico yesterday. It is heavily focused on education and health care. Among the highlights:

$119 million increase for "public schools, the Department of Education and other education programs." Included is a 3% pay raise for teachers. An additional $9.3 million was set aside to "expand pre-kindergarten programs across the state."

$110 million increase in Medicaid aimed at providing "medical services for children in lower income families." $9 million of this appropriation will go toward providing "health care coverage for an addition 9,000 children."

"2% pay raises for state employees."

$39 million increase for "the state's higher education network." This includes a 2% pay increase for "faculty and staff at [state] colleges and universities."


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