Udall: State to receive up to $1.25B through $2T coronavirus legislation - Albuquerque Journal

Udall: State to receive up to $1.25B through $2T coronavirus legislation

Sen. Tom Udall

Copyright © 2020 Albuquerque Journal

New Mexico is expected to receive up to $1.25 billion for state and local governments to fight the coronavirus through a $2 trillion congressional stimulus package, U.S. Sen. Tom Udall said in a floor speech Wednesday ahead of a Senate vote on the legislation.

He called the legislation a “good compromise” that included changes he and fellow New Mexico Democrat Martin Heinrich backed to the original plan pushed by Senate Republicans.

The state’s senior senator said changes included an extra month of unemployment insurance for workers laid off by the outbreak, additional funding for small business loans, more money for health care and funding for tribal governments.

Udall cited statistics in New Mexico that saw unemployment claims rise from 800 in the week of March 9 to 11,000 last week. “And now we are receiving 7,000 per day,” he said.

“Many workers will receive their full pay under this expansion,” Udall said.

But that is where the legislation hit a late snag before the vote. Four Republican senators discovered language that indicated some workers could receive more pay while they were laid off than when they were working. They were trying to solve the problem with an amendment.

Udall touted small business relief in the bill, which he said includes loans of up to $10 million that can be forgiven and turned into grants if employees are kept on the payroll.

“This relief will go through the Small Business Administration and be available to any business or nonprofit with under 500 employees,” he said.

He also backed an increase of $55 billion for hospital and health care worker resources. He said the total public health investment in the bill is now $150 billion.

He said the package would establish a $150 billion relief fund for state, local and tribal governments to help cover costs of fighting this virus. That is where New Mexico could claim up to $1.25 billion, he said.

Udall said the legislation also includes provisions for tribes and urban Indian health programs that were originally excluded from the Senate bill.

The legislation will establish an $8 billion Tribal Government Relief fund to ensure Indian tribes have direct “one stop” access to COVID-19 resources for economic recovery and continuation of essential government services based on local needs, Udall’s office said.

The agreement also contains more than $2 billion in emergency supplemental funding for Indian tribes, urban Indian health programs and Native communities.

Udall and Heinrich opposed the original bill because they claimed lack of transparency and oversight in the $500 billion relief funding for industries and large corporations.

Udall said the negotiated package has transparency and oversight provisions.

Home » From the newspaper » Udall: State to receive up to $1.25B through $2T coronavirus legislation


Albuquerque Journal and its reporters are committed to telling the stories of our community.

• Do you have a question you want someone to try to answer for you? Do you have a bright spot you want to share?
   We want to hear from you. Please email yourstory@abqjournal.com

taboola desktop

1
Fire threatened priceless seeds saved for West's post-fire forests
ABQnews Seeker
Researchers moved fast to relocate millions ... Researchers moved fast to relocate millions of samples from Mora facility
2
Order aims to lighten teachers' administrative burden
ABQnews Seeker
Gov. Lujan Grisham calls for a ... Gov. Lujan Grisham calls for a 25% reduction in the administrative tasks
3
PNM, advocacy groups differ on bond sale
From the newspaper
Issuance timing would affect consumer rate ... Issuance timing would affect consumer rate reductions
4
Garcia Holmes, Sanchez seek to turn ABQ-based district red
2022 election
Inflation, high crime top issues for ... Inflation, high crime top issues for GOP hopefuls
5
PNM sued over deadly Ruidoso-area blaze
ABQnews Seeker
Suit: Powerlines poorly maintained Suit: Powerlines poorly maintained
6
Lujan Grisham: Feds liable for wildfire damage
ABQnews Seeker
Governor says it's 'problematic' emergency ... Governor says it's 'problematic' emergency aid isn't designed to fully cover losses
7
Viewers to experience 'natural high' of flying
ABQnews Seeker
“Over New Mexico and the Southwest,” ... “Over New Mexico and the Southwest,” will be screened at 6:30 and 7:30 p.m. Thursday at the Natural History Museum
8
County assessor candidates have experience with office
2022 election
Stephen A. Sais and Damian R. ... Stephen A. Sais and Damian R. Lara are vying to fill the seat being vacated by Tanya Giddings, who cannot run again because of ...
9
District judge candidate acknowledges 2018 tax lien
2022 election
Journal alerted by opponent's campaign manager Journal alerted by opponent's campaign manager
10
Mistrial declared in 1997 homicide case
ABQnews Seeker
jurors failed to reach a unanimous ... jurors failed to reach a unanimous verdict in the case against the man accused of killin