SANTA FE — New Mexico colleges and universities will get their state money next year.
But Gov. Susana Martinez and the Legislature remain deadlocked over how to stabilize state finances in the long run.
That much was clear in a flurry of activity late Friday as Martinez signed legislation that ensures continued state funding for higher education — after a previous veto had put colleges and universities in limbo — while vetoing a variety of tax increases passed by lawmakers.
Martinez, a Republican, praised the spending plan as a “bipartisan agreement.” But she reacted with scorn to the proposed tax hikes endorsed by the Legislature, where Democrats hold majorities in each chamber.