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The Line: New State Budget Estimate Is Bleak

A man and woman sitting at a table.

June 24, 2016 – During an interim legislative meeting on Monday, the director of the Legislative Finance Committee told lawmakers that the budget is bleaker than originally expected. According to the Albuquerque Journal, David Abbey, Director of LFC, told the committee that New Mexico is running “on fumes.” State lawmakers originally thought revenue would be higher when they approved a…

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