ALBUQUERQUE, N.M. (AP) — The Latest on New Mexico's legislative session (all times local):
12:30 p.m.
Gov. Susana Martinez says New Mexico is facing a crisis and soon will not be able to sign checks or pay contracts and that employee furloughs are possible.
She outlined the state's dire fiscal situation during a luncheon with business leaders, real estate professionals and others Monday in Albuquerque.
The two-term Republican governor criticized the Democrat-controlled Legislature, saying lawmakers chose to craft a budget that relied on raising taxes and fees to the tune of $350 million. She repeated her promise not to sign any of the tax increase measures.
She also vowed to call lawmakers back for a special session and said they would have to address budget problems stemming from the current fiscal year as well as the stalemate over next year's budget.