By Vik Jolly
The Associated Press
SANTA FE — The New Mexico Senate on Monday night approved a $6.2 billion spending proposal for the next fiscal year, even as falling oil prices threaten revenues.
Senators voted 38-3 on a budget bill largely unchanged from what the House of Representatives approved last month.
“It’s the best we could do with what we have,” said Sen. John Arthur Smith, D-Deming, who chairs the Senate Finance Committee.