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New Mexico ranked most federally dependent state

New Mexico topped WalletHub’s list of the most federally dependent states for another year. New Mexico was No. 1 last year and was No. 3 in 2017.

The personal-finance website looked at three key metrics for its ranking: return on taxes paid to the federal government; federal funding as a share of state revenue; and share of federal jobs.

New Mexico ranked third when it came to return on taxes paid…

Source: The Business Journal

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