SANTA FE, N.M. (AP) — New Mexico Gov. Michelle Lujan Grisham signed a package of bills Friday aimed at shoring up food assistance, rural health care and public broadcasting in response to recently enacted federal cuts.
The new legislation responds to President Donald Trump’s big bill as well as fear that health insurance rates will rise with the expiration of COVID-era subsidies to the Affordable Care Act exchange in New Mexico. Exchange subsidies are a major point of contention in the Washington budget standoff and related federal government shutdown.
New Mexico would set aside $17 million to backfill the federal credits if they are not renewed, under legislation signed by the governor.
The Democratic-led Legislature met on Wednesday and Thursday to approved $162 million in state spend