Lawmakers: New Mexico facing budget shortfall, calls for special session

SANTA FE, N.M. (KRQE) – New Mexico is looking at a serious money problem.
Powerful state lawmakers just announced that they need to come up with millions to pay the bills which means we could be looking at a special session soon.
Senator John Arthur Smith says the state is short currently at least $150 million on the budget year which just ended last month.
The state blames sagging oil and natural gas prices for the revenue pinch New Mexico is in, as well as lower than