RALEIGH – Civitas Institute president and CEO Donald Bryson released the following statement in response to the announcement that the General Assembly’s nonpartisan Fiscal Research Division and the Office of State Budget and Management predicted an expected $4.2 billion drop, or 8.2%, in General Fund revenues.
“Our state not only has a public health crisis and an economic crisis, but now a fiscal one. State lawmakers need to be willing to make tough decisions to help North Carolina out of this hole. Some of the policies they should consider are a state government hiring freeze, eliminating unfilled positions, reducing executive department budgets, and not creating new spending through new programs.
Finally, lawmakers should avoid mistakes of the Perdue administration and not increase taxes. The last thing North Carolinians need, after two months of being out of work, is to return to jobs with smaller paychecks or higher sales taxes on essential items.”
BACKGROUND:
March 26 – Civitas Institute state budget and tax recommendations
May 19 – State revenues collapse: Why has Cooper not cut spending?
Founded in 2005, the Civitas Institute is a Raleigh, NC-based, 501(c)(3) nonprofit policy organization that fights to remove barriers to freedom so that all North Carolinians can enjoy a better life.
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