Governor to unveil budget plan

TODAY GOVERNOR RICHARDSON WILL OUTLINE HIS PROPOSAL FOR THE STATE BUDGET ... IT COMES AT A TI...  More »

TODAY GOVERNOR RICHARDSON WILL OUTLINE HIS PROPOSAL FOR THE STATE BUDGET ... IT COMES AT A TIME WHEN NEW MEXICO COULD FACE ABOUT A HALF BILLION DOLLAR SHORTFALL. KAYLA ANDERSON IS HERE NOW WITH MORE ON THAT STORY. TODAY RICHARDSON WILL OUTLINE HIS PLANS TO PREVENT A BUDGET SHORTFALL FOR THE CURRENT BUDGET YEAR. THE PROPOSED STATE BUDGET INCLUDES AN EFFORT TO CUT SPENDING, SAVE MONEY AND IMPROVE TAX COLLECTIONS. RIGHT NOW THE STATE CURRENTLY FACES A SHORTFALL THAT COULD CLIMB AS HIGH AS 650 MILLION DOLLARS. THE ISSUE WILL BE THE TOP PRIORITY WHEN THE LEGISLATURE MEETS FOR A 60-DAY SESSION LATER THIS MONTH. THE GOVERNOR TALKED ABOUT THE BUDGET WITH SENATE DEMOCRATS THIS WEEKEND DURING THEIR PRE- SESSION CAUCUS. HE ALSO HANDED OVER DETAILED AGENCY BY AGENCY BUDGET PLANS TO THE LEGISLATURE HE'LL UNVEIL HIS PLANS TO THE PUBLIC DURING A NEWS CONFERENCE AT 12-30 TODAY. WE'LL BE THERE AND BRING YOU DETAILS  « Less