KUNM

John Arthur Smith

Bid To Raise Gas Tax Stalls Over Politics

Mar 4, 2016
https://www.flickr.com/photos/87913776@N00/460375914

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.

Lottery Proposal: More Cash Prizes Would Yield More Scholarships

Mar 14, 2015
Brak Perkins via Flickr / Creative Commons License

The cost of tuition at New Mexico public universities is rising and more students are taking advantage of the lottery scholarship, which pays almost full tuition for qualifying students—but fewer people are buying the scratch-off tickets that fuel the scholarship fund.

That’s one of the factors contributing to a slow-building crisis in scholarship funding.