On the budget, Denish leaves Martinez in the road

Last week the Legislative Finance Committee warned that the state could see another revenue shortfall, even with the combined cuts and tax increases delivered in the last legislative session, even with federal stimulus money. The governor is presently ignoring the committee’s Nervous Nellies and waiting for consensus estimates by government economists.

You will recall that if we see red ink, the ball – tossed to him by legislators – is in the governor’s court.

The good news is that taxes and royalties on oil and natural gas are up, and from visits to Santa Fe and Ruidoso, I see tourism is rebounding. (Thank God for oil, gas and Texans.) The bad news is that certain Legislative leaders and the governor counted on 6 percent revenue growth, a number many questioned at the time as overly rosy.

What do our candidates for governor have to say? Republican Susana Martinez has three paragraphs on her Web site. Democrat Diane Denish has six pages. Six pages!

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