WASHINGTON – U.S. Senator Jeff Bingaman today voiced strong support for President Obama's health care and education priorities for next year.
The White House today unveiled its fiscal year 2011 budget proposal, which among other things highlights how completing work on health insurance reform can provide major savings. The president's proposal includes the enactment of health insurance reform proposals being debated in Congress. Savings would be achieved through reducing wasteful spending, improving quality and incentivizing more efficient care, among other initiatives.
To help states weather this difficult economic period, the president's proposal contains $25.5 billion for additional Medicaid assistance that will help defray health care costs for millions of Americans. This support is a continuation of an initiative first funded in the American Recovery and Reinvestment Act last year. New Mexico would receive roughly an additional $100 million, which would provide an additional 6 months of Recovery funding.
"Health care reform continues to be a top priority for the Obama administration and for me. Not only are there short-term health care benefits to be gained by passing health insurance reform, there are long-term fiscal benefits to be gained, as well," Bingaman said. "I hope we soon get back to work on this very important issue."
"But in the meantime, I'm pleased with the emphasis the Obama administration has placed on our nation's – and New Mexico's – health care delivery system. Overall, this budget makes some important health care investments in health care," he added.
The president's budget includes the following for national health care initiatives:
In the area of education, the president's budget would increase education by about 6 percent. According to White House calculations, the proposal contains at least $437.6 million for New Mexico's elementary and secondary schools, students, and teachers. It also proposes $245.8 million in Pell Grants to help more than 61,500 New Mexican students afford college.
"It has never been more important for America to maintain its competitive edge. We must work to ensure that every student in New Mexico and nationwide is academically prepared to compete in the global economy and I am pleased the president's budget makes an investment in this key area," Bingaman said.
Bingaman said he is particularly pleased that the administration's budget would support initiatives on education issues he has prioritized as a senior member of the Senate Health, Education, Labor, and Pensions Committee. Bingaman has, for example, long supported improved Science, Technology, Engineering, and Mathematics (STEM) education, high school dropout prevention, and funding for Hispanic Serving Institutions – many of which are in New Mexico. These issues receive significant proposed funding increases.
Among the education budget highlights:
Jude McCartin
Maria Najera
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