By Morgan Lee
The Associated Press
SANTA FE — The New Mexico state Senate approved a package of budget solvency bills Wednesday as lawmakers rushed to fill a lingering financial gap for the current year.
The House of Representatives is likely to vote Thursday on the plan to close an $80 million deficit for the fiscal year ending June 30. The bills would replenish the state’s general fund reserves to at least $165 million, or nearly 3 percent of annual spending, by taking money from other areas of government.