KUNM

Gasoline Tax

Special Session Showdown Over Budget, Taxes

May 23, 2017
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KUNM Call In Show 5/25 8a: Call toll-free 877-899-5866. Lawmakers return to Santa Fe Wednesday for a special legislative session devoted to resolving an impasse on the state budget. The Roundhouse is controlled by Democrats and Governor Susana Martinez rejected the budget they sent to her in January—vetoing virtually all money for the legislative branch and for state colleges and universities. 

Tax Credits via Flickr / Creative Commons

State lawmakers in Santa Fe are wrestling with a fiscal crisis. And the debate is familiar: cut spending or raise taxes in order to balance the budget. How would voters solve this problem?

Bid To Raise Gas Tax Stalls Over Politics

Mar 4, 2016
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Over the past few years New Mexico has used short-term solutions to balance the budget without raising taxes. But if oil and gas prices stay low, it will become more and more of a challenge to find the money the state needs to pay the bills.

Raising at least some taxes might not be politically popular, but Sen. John Arthur Smith, chairman of the Senate Finance Committee, argues it’s the fiscally conservative thing to do. And he wants to start with the gas tax.

Hectore via Compfight

If you are out cruising the open roads of New Mexico, your ride might be a whole lot smoother and safer soon. Governor Susana Martinez is expected to sign off on a capital outlay bill next week that will throw $45 million to road projects.

One stretch that gets a lot of attention is US 82 near the oil fields in Lea County where narrow bumpy roads riddled with potholes are the norm.