GOVERNOR MARTINEZ RELEASES HER BUDGET PLAN FOR THE STATE ON FRIDAY. AND AFTER TWO YEARS OF PAINFUL BUDGET CUTS, WE’RE NOW SEEING INCREASED SPENDING.
THE GOVERNOR IS HIKING STATE SPENDING BY ROUGHLY 250 MILLION DOLLARS … A FOUR PERCENT INCREASE. AND THERE ARE SPENDING HIKES FOR PUBLIC SCHOOLS, MEDICAID, AND THE JUDICIAL SYSTEM. STATE REVENUE HAS BEEN GROWING IN RECENT MONTHS.
CHAIRMAN OF THE SENATE FINANCE COMMITTEE, SENATOR JOHN ARTHUR SMITH, SAYS IT’S DUE TO THE RESURGENCE OF OIL AND GAS.