Happy Fathers Day! Thanks to all of the great dads in Carlsbad for everything they do.Heres an update on the Special Session as of Saturday morning Solvency bills aimed at addressing a projected 2 billion state revenue drop received initial approval from the House and Senate, with the debate largely falling along party lines.
The House approved a 7 billion budget in a 46-24 vote, with Republicans opposing the budget plan because they felt the overall state budget should be further reduced.
The bill reduces proposed spending increases for state agencies and public schools and relies on 750 million in federal dollars from the Coronavirus Aid, Relief and Economic Security Act. It alsouses about half of the states 1.7 billion in cash reserves, according to the Albuquerque Journal.
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