New Mexico state spending plan heads to House floor
January 31, 2018
SANTA FE, N.M. (AP) — A plan to boost spending on roads and provide pay raises to top New Mexico elected officials, state workers and teachers is headed to the state House of Representatives for a vote.
A House budget writing committee endorsed the $6.3 billion general fund spending plan on Tuesday. Amendments can be made as the bill moves toward House and Senate votes. Republican Gov. Susana Martinez can veto provisions line-by-line.
A boom in local oil production and rising petroleum prices are bolstering state government finances. Government income is expected to surpass current annual...