The legislature passed a bill allowing Governor Perdue to cut $400 million in the current, but it also had a long list of transfers from various funds to save even more. The Governor didn’t like transferring the money from those funds, including the One North Carolina Fund, over which she has control, so she vetoed [...]
State budget writers lose option as provisions of Obamacare take effect
While a Florida judge says the National Affordable Healthcare Act is unconstitutional North Caroline is still bound by provisions of the bill that have already taken effect. One is state budget writers can no longer alter eligibility for Medicaid to try to save money. It’s not that any of those working on the state budget [...]
Republican Spending Targets $1.4 Billion Lower Than Perdue’s
Republican leaders in the General Assembly have established initial budget targets. The targeted total spending is reportedly about $18.5 billion – or roughly $1.4 billion less than Gov. Perdue’s budget proposal. The bulk of the $1.4 billion discrepancy comes from the Republicans’ desire to allow the “temporary” sales tax hike to fully expire, and not [...]
More Details on Perdue’s Budget
The Civitas Institute now has a more thorough rundown of Gov. Perdue’s budget. Check it out here.
Preliminary Thoughts on Perdue’s Budget Plan
Gov. Perdue unveiled her budget plan for the coming budget year. Some highlights include: Roughly 3,000 state workers will be let go. Plus, another 6,000 positions will be eliminated – positions that are currently vacant anyway, so no one will actually lose their job. This is a good move, especially in light of the fact [...]
