Bloomberg - Businessweek - Republican Gov. Susana Martinez is looking at a maneuver once used by her predecessor, Democrat Bill Richardson, to end run the Legislature and selectively reject a tax increase that lawmakers approved. Martinez is considering using her line-item veto powers to eliminate a $128 million tax increase on businesses in a measure the Legislature passed to keep the state's unemployment compensation program from running out of money next year, Martinez spokesman Scott Darnell said.
Taking that approach would allow the governor to stop the tax increase, which she's already promised to do, but preserve nearly $80 million in cost savings and benefit reductions that could improve the solvency of the unemployment fund. Read full story here: News New Mexico
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