I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
While environmental activists played their part yesterday during demonstrations at the capitol building, going so far as to dress up as solar panels and to sing the tune of “You Are My Sunshine,” their counterparts, the anti-cap-and-trade contingency who has…
Roughly one quarter of University of New Mexico students are unimpressed with the state’s flagship public school, according to a survey that questioned college students about their higher education experiences.
New Mexico has a lot of work –- and pain –- ahead. That’s this morning’s consensus from state government economists.
The economists say the state of New Mexico had a shortfall of nearly $400 million for this fiscal year, which ends June 30, 2009. That has been reduced somewhat by cost-savings measures ordered by Gov. Bill Richardson, including a 5 percent budget reduction at every executive agency. It was unclear how much costs has been saved.
But the bad news doesn’t end there. For the fiscal year that starts July 1, 2009, the state already faces a projected $400 million shortfall. Those daunting numbers reinforce the truth that the major issue of the 2009 legislative session will be to craft a crisis plan to balance this year’s and next year’s budgets.
Richardson’s budget secretary, Katherine Miller, delivered the bad news Monday morning to the Legislature’s budget committee, the Legislative Finance Committee and a roomful of representatives of state agencies and lobbyists.
