If there's one thing people can count on when it comes to Democrats, they are very generous people. But their generosity comes from out of other people's pockets. As usual, robbing Peter to pay Paul.
The latest is New Mexico Governor Michelle Lujan Grisham's proposal for free college for New Mexico students, no matter what income their family may have.
According to the Albuquerque Journal:
Free college for all New Mexicans.
That’s what Gov. Michelle Lujan Grisham proposed Wednesday morning at a higher education summit at Central New Mexico Community College. The New Mexico Opportunity Scholarship would cover the tuition gap left after a student receives financial aid, grants and scholarships, including the New Mexico Lottery Scholarship.
And it would be available to students regardless of family income. State lawmakers would need to sign off on the proposal in order for it to go into effect.
“F. R. E. … E. Let’s make it free,” Lujan Grisham said in announcing the proposal. “Here’s the moonshot for higher education.”
The announcement earned Lujan Grisham a standing ovation in the auditorium at CNM, where hundreds of people, including leaders at New Mexico universities, had gathered to listen.
Students would be able to use the scholarship to pay their tuition and fees at any public higher education institution in the state. The administration is estimating that 55,000 students would use the scholarship each year, and that the program would cost the state between $25 million and $35 million each year.Naturally, this all sounds lovely until taxes in the state go sky high. Just take a look at California. The one-party state is giving away all kinds of goodies and the resulting tax burden on people are driving them out.
The $25-35 million for this freebie has to come from somewhere.
As John Block pointed out:
The Lujan Grisham free college proposal will cost an estimated $25 -$35 million each year. That will be more money the state will have to look for in our budget, which is currently bolstered by oil and gas revenues.
Once the Governor’s “Green New Steal” legislation starts closing wells and driving energy producers out of the state, it’s unknown where the needed revenues for this program will come from.
Obviously, the money will have to come from the pockets of New Mexico's taxpayers. New Mexico is not a rich state and the added tax burden will be hard on the family budget.
To read more, go here.
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