Gov. Bill Richardson released his budget counterproposal on Saturday afternoon, just as the Senate was discussing the constitutionality of his proclamation convening the special session. Richardson's proposal contains 1.5 percent cuts to education--as long as those cuts don't affect classrooms.
Richardson said he wouldn't consider tax increases during the special session, but that he would consider a tax revenue package during the regular session in January.
"I have made adjustments to my original budget proposal to reflect our new budget realities," Richardson said in his statement. "... I have made it very clear to legislators that any cuts to education must be minimal and not affect our classrooms, kids and teachers."