The Line: Economists Urge Caution In Dealing With Budget Surplus

December 14, 2018 – This week, legislators got an update on the state’s budget surplus, as well as a warning. Economists and analysts are urging a cautious approach to spending the roughly $1.1 billion in new revenues coming into the state coffers. Gene Grant and the Line opinion panelists discuss the warning and how the budget discussion may play out during the upcoming 60-day session.

Line Panelists:
Jeffrey Candelaria, Konnection Now & host on KKOB
Tom Garrity, the Garrity Group PR
Laura Sanchez-Rivét, attorney at Cuddy and McCarthy, LLP
Giovanna Rossi, president, Collective Action Strategies; host, The Well Woman Show (KUNM)

For Further Reading:

New Mexico Expects Smaller Windfall Than First Predicted — Santa Fe New Mexican

Uncertainty Over Budget Spurs Debate – Albuquerque Journal

Money Matters – Legislative Finance Committee