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New Mexico lawmakers await new revenue forecast (AP)

New Mexico lawmakers await new revenue forecast

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SANTA FE  — Oil prices continue to drop and that’s making New Mexico lawmakers a little uneasy as they prepare to hammer out a state budget for the next fiscal year.

The chairman of the Senate Finance Committee, Democrat John Arthur Smith of Deming, joked during the floor session Wednesday that his committee wouldn’t meet until the price of oil starts to rise.

Read more here: http://www.abqjournal.com/530062/news/new-mexico-lawmakers-await-new-revenue-forecast.html