skip to main content
skip to newscasts

Saturday, April 27, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Louisiana teachers' union concerned about educators' future; Supreme Court hears arguments in Trump immunity case; court issues restraining order against fracking waste-storage facility; landmark NE agreement takes a proactive approach to CO2 pipeline risks.

view newscast page
play newscast audioPlay

Speaker Johnson accuses demonstrating students of getting support from Hamas. TikTok says it'll challenge the ban. And the Supreme Court dives into the gray area between abortion and pregnancy healthcare, and into former President Trump's broad immunity claims.

view newscast page
play newscast audioPlay

The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken, and a new federal rule aims to put the "public" back in public lands.

NM Legislature Convenes to Consider Relief for Gas, Food Prices

play audio
Play

Tuesday, April 5, 2022   

With the goal of providing financial relief for New Mexicans struggling with higher prices for gas and food, legislators convene today for a special session in Santa Fe.

The governor has said she'd like changes made to a spending bill to protect New Mexicans' paychecks and deliver additional relief and financial security.

James Peach, professor emeritus of economics at New Mexico State University, said despite the Federal Reserve raising interest rates last month to ward off a recession, he does not expect a quick turnaround.

"There's not a lot of reason to be optimistic right now," Peach asserted. "And given the supply chain stuff and the war in Ukraine, there's probably not going to be any relief from this for several months."

New Mexico has a $1 billion budget surplus right now from oil-and-gas industry receipts, and the legislative session is likely to result in rebate checks. The advocacy group New Mexico Voices for Children would like to see people at the lower end of the income scale get a little more money to help them pay rent and buy groceries.

According to a recent CBS News report, repercussions from COVID-19 and rising gas prices due to Russia's war against Ukraine could cost Americans up to $3,000 this year.

Peach believes the sacrifice Americans are making right now is fairly minimal.

"Paying $5 a gallon for gasoline, while you're waiting in Starbucks for a $6 latte, just doesn't strike me as a sacrifice," Peach contended.

In New Mexico, a gallon of gas is more than $4, but Peach argued only those who make the least amount of money are truly feeling the pinch.

"Gasoline is a very small portion of the average consumer's budget," Peach explained. "That's not true if you're at the really low end of the income scale and have to drive to work some distance. But cars these days get much better gas mileage than they used to."

As of late March, New Mexico's unemployment rate was improving, but still the highest of any state in the country at 5.9 percent, according to the state's Department of Workforce Solutions.

Disclosure: The New Mexico Coalition to End Homelessness contributes to our fund for reporting on Domestic Violence/Sexual Assault, and Housing/Homelessness. If you would like to help support news in the public interest, click here.


get more stories like this via email
more stories
The United Nations experts also expressed concern over a Chemours application to expand PFAS production in North Carolina. (Adobe Stock)

play sound

United Nations experts are raising concerns about chemical giants DuPont and Chemours, saying they've violated human rights in North Carolina…


Environment

play sound

Conservation groups say the Hawaiian Islands are on the leading edge of the fight to preserve endangered birds, since climate change and habitat loss …

Environment

play sound

CO2 pipelines are on the increase in the United States, and like all pipelines, they come with risks. Preparing for those risks is a major focus of …


It's estimated that invasive pests destroy up to 40% of food crops and cause $220 billion in trade losses worldwide. (Lee/Adobe Stock)

Environment

play sound

April has been "Invasive Plant Pest and Disease Awareness Month," but the pests don't know that. The U.S. Department of Agriculture says it's the …

Social Issues

play sound

Leaders of a teachers' union in Louisiana are voicing concerns about a package of bills they say would have the effect of dissolving labor unions in t…

David Coon designs and evaluates interventions for families and caregivers of adults with chronic illnesses, including dementia, cancer and depression. (Arizona State University)

Health and Wellness

play sound

The 2024 Arizona Alzheimer's Consortium Public Conference kicks off Saturday, where industry experts and researchers will share the latest scientific …

Environment

play sound

Environmental groups say more should be done to protect people's health from what they call toxic, radioactive sludge. A court granted a temporary …

Social Issues

play sound

Orange County's Supreme Court reversed a decision letting the city of Newburgh implement state tenant protections. The city declared a housing …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021