On Thursday, technology permitting, the New Mexico Independent hopes to webcast and live blog two events at the State Capitol: Gov.Bill Richardson’s press conference on budget fixes at noon and, an hour later, a presentation on combined reporting during the Economic and Rural Development Committee (ERDC) committee meeting.
For the ERDC meeting, The Independent will have a panel of experts to discuss combined reporting, which aims to collect taxes on income large, multi-state companies earn in New Mexico. For a background on combined reporting see this story by Marjorie Childress.
As for the press conference, Richardson has let out a few hints as to what provisions will be vetoed and which will become law.
“Governor Richardson is prepared to take fiscally responsible action to help close the budget gap, while minimizing budgets cuts to education and Medicaid services for vulnerable New Mexicans,” said Gilbert Gallegos, a spokesman for the Governor said in a statement yesterday.