Fiscal Policy Group Reacts to Governor’s Statement on Revenue Spike
“Less than one year ago, lawmakers were scrambling to pay for basic services like schools, roads, and public safety. New Mexico has become too reliant on the oil and gas industry to fund these services, which has created boom-or-bust cycles for our economy, and therefore, for all New Mexicans. Right now we’re in a boom time, but we mustn’t forget that the bust times may be right around the corner."