TWO MONTHS AFTER THE REGULAR SESSION ENDED…A SPECIAL SESSION OF THE NEW MEXICO LEGISLATURE BEGINS ON WEDNESDAY. THE GOAL IS TO BALANCE THE BUDGET.
BUT POLITICAL BLOGGER JOE MONAHAN SAYS GOVERNOR MARTINEZ MAY NOT GET EVERYTHING SHE WANTS. SHE’S BEEN INSISTING THE STATE NEEDS TO OVERHAUL ITS GROSS RECEIPTS TAX STRUCTURE IS KEY TO GETTING A BUDGET AGREEMENT. BUT MONAHAN SAYS IT LOOKS LIKE THAT MIGHT FALL BY THE WAYSIDE.
MONAHAN SAYS THERE’S A SENSE OF URGENCY…SINCE A BUDGET MUST BE IN PLACE BEFORE THE NEXT FISCAL YEAR BEGINS ON JULY FIRST…AND THAT DATE IS RAPIDLY APPROACHING.
