New Mexico Gov. Grisham signs off on 0% interest law for wildfire, flood recovery loans
Fox News
Democratic New Mexico Gov. Michelle Lujan Grisham signed into law a bill allowing the use of zero-interest loans for wildfire and flood recovery initiatives.
Begun in early April as a prescribed burn by the U.S. government, it grew into a monstrous blaze that blackened more than 530 square miles. Hundreds of homes in northern New Mexico were lost.
A subsequent report by the U.S. Forest Service said its employees made multiple miscalculations, used inaccurate models and underestimated how dry conditions were. Experts say the resulting environmental harms will endure for decades.
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