New Mexico Lawmakers Mop Up

POSTED: Thursday, March 4, 2010 - 6:39am

UPDATED: Thursday, March 4, 2010 - 11:11am

Tax Hikes Approved

Santa Fe, NM - (AP) - The Legislature has given final approval to a $5.6 billion budget and tax increases of more than $200 million to help pay for public schools and government programs next year.

Lawmakers are close to wrapping up a special session, but it will last at least another day.

The House and Senate are coming back on Thursday for what could be a final mop-up.

Pending in the Senate is an increase in the cigarette tax to raise $33 million, and measures to finance capital improvements.

A more than $200 million tax measure heading to Gov. Bill Richardson includes an increase in the gross receipts tax on goods and services, and a partial reinstatement of the food tax.

Comments News Comments

wow March 4, 2010
at 8:15am

We can't afford this! Can't we just start by stopping spending so much? Lets put a copay on Medicaid and our expenses would go down exponentially. It would also help with Medicaid abuse.

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