Thursday, January 13, 2011 at 10:41 pm (Updated: January 13, 11:27 pm)
BUDGET CUTS. The state Legislative Finance Committee has recommended, as a way to help offset a looming budget deficit, that state employees contribute more to their pension plan while the state reduces it payout by $50 million. It would result in a cut in take-home pay for state workers — and less in disposable income that they could be spending in our local economy. And Gov. Susana Martinez likes the idea.
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