Statement from Speaker Brian Egolf on Passage of Budget and Revenue Package

Statement from Speaker Brian Egolf on Passage of Budget and Revenue Package

Santa Fe, NM

“Over the last two years, New Mexicans have seen drastic cuts to schools, behavioral health, and higher education, because the Governor and House Republicans have refused to consider reasonable and responsible revenue solutions. Our budget safeguards the top priorities of hardworking New Mexican families – education, health care, economic development, and other vital services. This budget and revenue package makes long-term investments in the future of our state and the next generation of New Mexicans. By making our tax system more fair, we can mitigate further cuts to critical services, minimize impacts on hardworking families, and make the New Mexico economy work for everyone. The elements of the revenue package are fair and broad-based. We are leveling the playing field for local businesses, blocking a corporate income tax cut, and generating critical revenue for roads and schools.”