New Mexico Governor Uses Line- Item Veto to Pare Down '07 Budget

Watts, Jim
March 2006
Bond Buyer;3/10/2006, Vol. 355 Issue 32336, p27
Trade Publication
The article reports that New Mexico Governor Bill Richardson has cut the state's 2007 budget to $5.1 billion. Richardson cut $268 million from several spending bills passed by the Legislature using his line-item veto power. The state's final budget includes an increase in spending on education and general government functions pegged at eight percent.


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