Final Capitol Report – February 20, 2020

Final Capitol Report – February 20, 2020

The 2020 New Mexico Legislative session adjourned Thursday with a compromise budget in place for the fiscal year that begins in July with state revenues in surplus-mode despite some calls for greater state spending. 

Tom Trowbridge reports from the Roundhouse:

            Runs 1:30                                Q: Std

((Tom)):

The seven-point-six billion dollar general fund budget represents an increase of eight-percent over the current fiscal period’s bottom line.

At a post-session news conference Thursday, Governor Michelle Lujan Grisham was asked to counter criticism over state spending growth of 20-percent over the last two years …and what happens should oil and gas prices decline.

            GovMLG    :57

Republican lawmakers—a solid minority in both chambers—expressed concern about the level of public sector spending.

For the New Mexico News Network, I’m Tom Trowbridge

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