The Senate has passed New Mexico's budget for next year at a record $10.8 billion with an amendment adding even more ...

Both the New Mexico House and Senate passed the state’s budget for the next fiscal year. It’s set for almost $11 billion ...

Legislation addressed expanding water supply, paying for flood damage, financing for capital projects, as well as a fiscal ...

The budget legislation sets the state government's income and spending during Fiscal Year 2026, which begins in July and ends ...

House lawmakers approved the Senate's changes Thursday afternoon and sent the historic spending plan up to the governor's ...

We’ll reflect on the end of the 2025 legislative session by talking with journalists who followed all 60 days at the ...

A $10.8 billion spending plan Democrats hailed as a “budget of opportunity” and Republicans compared to a “bloated cow” passed the Senate largely along party lines Thursday. House Bill 2, which was ...

New Mexico universities face potential federal funding cuts. See how each school's revenue mix exposes them to budget risks ...

The Senate's changes to the Earned Income Tax Credit stripped the plan to pay for the tax breaks — an additional 0.28% "oil ...