Susana Martinez’ last budget was $6.3 billion. Over the next five budgets (fueled in large part by growth in New Mexico’s oil and gas industry) state general fund spending rose an astonishing 52.38% to $9.6 billion. That comes to average spending growth of nearly 10.5%.
Do you feel that your own personal slice of New Mexico’s economy is benefiting from all that spending? Do you feel that average New Mexicans should see broad-based tax relief rather than bigger government?
One Reply to “General Fund spending growth under Gov. MLG”