Income-Support Programs Show Success in Reducing Poverty in New Mexico

Income-Support Programs Show Success in Reducing Poverty in New Mexico Investments in Families are Effective and Should be Continued Poverty is the result of centuries of colonialism and Because education takes years to acquire, it must be decades of disinvestment and institutionalized and accompanied by income-support programs that meet systemic racism. [...] The SPM measures the effectiveness of income-support programs in alleviating poverty while New Mexicans Receiving Income also accounting for expenses and regional cost of living Supports are More Likely to be Working to provide a fuller picture of poverty in the U. [...] When the value of SNAP 62% these programs are taken into account – as they are in LIHEAP 72% the SPM – it is clear that families earning low incomes Medicaid 64% are receiving the supports needed to help lift them out Childcare Assistance 97% of poverty in New Mexico (see graphic, previous page). [...] 8 the state’s OPM, we’re also seeing a continuing decline NEW MEXICO VOICES FOR CHILDREN in poverty when accounting for income supports, despite a recent increase in the OPM that resulted from the New Mexicans who receive income support benefits global pandemic and resulting recession. [...] households with working-age adults; and • women who had access to SNAP at a Income supports – from programs like SNAP, Medicaid, young age report improved economic self and housing vouchers to tax credits and rebates like sufficiency as measured by employment, the WFTC and LICTR – are effective at lifting families income, poverty status, high school out of poverty and will help New Mexico move awa.