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ALBUQUERQUE – Mind-blowing is how legislative analysts describe New Mexico's budget numbers, saying during a briefing Thursday that projected revenues have been outpacing previous spending at levels n.
Legislative analysts warned that New Mexico’s historic revenues will one day dry out. Lawmakers may have to cut some of its social programs which were expanded from the revenue boom.
Legislative analysts warned members of the revenue and tax policy committee that some of the one-time funding will dry out, and lawmakers will have to decide whether to continue paying for health care, education and other social programs that have been expanded during the boom.
Mind-blowing is how legislative analysts describe New Mexico's budget numbers, saying during a briefing Thursday that projected revenues have been outpacing previous spending at levels never seen before. Still, they warned members of the revenue and tax policy committee that some of the one-time funding will dry out, and lawmakers will have to decide whether