By Dan McKay, Staff Writer, Albuquerque Journal; July 9, 2018
SANTA FE – New Mexico has struck a deal to keep the Rail Runner from heading over a fiscal “cliff” in the next decade.
Market conditions – shaped partly by the Republican federal tax overhaul – allowed the state last week to break even on the refinancing of about $420 million in debt, smoothing out the annual payments New Mexico must make on construction of its commuter train system, officials said.
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