No matter how you slice it, New Mexico spends big

In the past RGF has used the excellent USgovernmentspending.com website to determine how much state and local government spends as a percentage of the State’s GDP (4th most in the US).

Another report, this one from Kaiser Family Foundation, looks at Total State Expenditures per Capita (person) rather than as a percent of GDP. The data are for FY 2021 and we are currently in the FY 2024 budget. Given the rapid rate of spending growth in recent years, New Mexico is likely the biggest-spending state in the nation at this point.

You can see the results below as the table highlights that New Mexico spent more than twice per-person what either Colorado or Texas in FY 2021:

As the map below highlights, only California, Oregon, Hawaii, and Alaska spend more per-person than does New Mexico.

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3 Replies to “No matter how you slice it, New Mexico spends big”

  1. I tend to agree that there is too much state spending but I’m not sure how much is attributed to waste and ineptness and how much can be attributed to assisting the poor and the deprived.
    I think the ineptness and
    waste at the state government level is disgraceful but I don’t have any faith in the Rio Grande Foundation or the Republican Party to correct it. They cherry picked this data without any
    context and rarely provide any further analysis.

    1. Not sure what kind of correlation or context you are looking for. New Mexico spends a great deal of money because the government HAS a great deal of money to spend and the population doesn’t demand it’s own money be returned.

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