Abundant Reserves, Early Childhood Trust Fund Education, Construction Projects, Pension Plan Big Winners- Many Issues Addressed, Budget Balanced – Still Grateful to NM Oil and Gas Industry-Warning State Always Vulnerable to Volatility

Santa Fe- Another legislative session with a huge, nearly $800 million in new money due mostly to the oil and gas industry in New Mexico has concluded. What a difference nearly two billion dollars in two years can make. Republican State Senators continually reminded their Senate colleagues that the state is grateful to the Oil and Gas Industry and other businesses and industries for making another huge contribution to the state. There were also warnings that the state continues to be vulnerable to revenue volatility.

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