
Sen. Tim Jennings, Roswell Democrat, doesn’t necessarily believe that the legislature should go through the formality of calling itself into an “extraordinary session.” But he does believe that all of the legislators should get together soon for a thorough briefing on state finances. That’s because there’s trouble, Jennings says. He raised the topic in Santa Fe Friday at a meeting of the Legislative Council, the committee that oversees the Legislative Council Service.
The trouble, Jennings told me via telephone this afternoon, is that “our deficit is bigger than a lot of people want to tell.” The deficit is not $270 million, it’s “more like twice that or more.”
A further problem, Jennings said, is that a good bit of the money counted as among the state’s financial reserves cannot be accessed without legislative action. He cited the tobacco tax.

Rep. Janice Arnold-Jones, Albuquerque Republican, was the only one who spoke in support of Jennings’ suggestions at the Legislative Council meeting. Arnold-Jones is an advisory member of the committee.
Jennings photo by Mark Bralley
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