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New Mexico's oil income investments now surpass personal income tax revenue

ABC News
Summary
Nutrition label

84% Informative

New Mexico's oil income investments now surpass personal income tax revenue.

General fund income from the state's two , multibillion-dollar permanent funds and interest on treasury accounts is expected to climb to $ 2.1 for the fiscal year between July 2024 and June 2025 .

Investment earnings are designed to ensure critical programs endure if oil income falters amid transition to new sources of energy.

VR Score

90

Informative language

92

Neutral language

63

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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