While the final funding allocations will only be available following congressional approval of the federal budget, education impacts await with $600 million in federal education funding for NM and continuing concern regarding the March 2025 dismantling of the Department of Education.
Equally severe impacts to NM Healthcare are also anticipated with extensive Medicaid cuts to states that expanded Medicaid under the Affordable Care Act due to provider-tax restrictions and supplemental payments to finance care for low-income residents, with increased concerns for rural hospitals.
US Senate Republicans plan to overhaul the Medicaid program, including in this $1 Trillion in funding cuts. Medicaid is administered at the state level and is partially funded by the state — the federal government pays for 70% to 90% of Medicaid costs in New Mexico. NM plans to offset these losses. NM Senate Bill 88, which earned bipartisan support, could provide $2 billion to the Medicaid Trust Fund, to offset cuts. SB88 passed both houses and was signed into law by Governor Michele Lujan Grisham on April 4th of this year. A special 2025 NM Legislative Session may also be convened.
State Senator Dede Feldman represented District 13 in Albuquerque’s near North Valley from 1997 to 2012. Feldman has had a substantial impact on the lives of women, children, and people struggling to make ends meet. She sponsored scores of successful initiatives, including many related to healthcare reform: She was a champion of health care reform long before the Affordable Care Act, her efforts laying the groundwork in New Mexico for insurance parity for women and people with disabilities. She is credited with passing the state’s only “pay- to play” bill in recent memory.
Among her recognitions are numerous awards including:
Feldman has authored four books examining politics and change in New Mexico and earned both a BA and an MA in Political Science from the University of Pennsylvania. She currently serves on the boards of the New Mexico Foundation for Open Government, Health Insight New Mexico, and the Robert Wood Johnson’s Aligning Forces for Quality, and serves as a frequent commentator on NMPBS broadcasts. She has lived in the North Valley of Albuquerque since 1976 in a solar adobe home she and her husband built as an experiment in passive solar design.
Zoom Invitation
LWVCNM is inviting you to a scheduled Zoom meeting.
Topic: Impacts of Federal Funding Cuts
Time: Jul 10, 2025 12:00 PM Mountain Time (US and Canada)
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