The Senate $19.4 billion budget cuts taxes across the board on personal income. There are also a new tax exemption for small businesses of up to $50,000. One of the chief budget ... Keep Reading
budget
Civitas Poll: Voters Say Raise Taxes in 2011, Pay the Price in 2012
Raleigh, N.C. – Voters say they would be less likely to vote for a legislator in 2012 who voted for a tax increase. As the General Assembly finalizes the 2011-2012 budget proposal, ... Keep Reading
Governor and Lawmakers Find Compromise on State Health Plan
Senate leaders substituted language in an old House bill (HB578) with another version of changes to the State Health Plan. The House approved the changes and the bill was sent by ... Keep Reading
Senate Democratic Leader Says Republicans Are Just Opposed to Public Education
Senate Democratic leader Martin Nesbitt says the $800 million dollars Senate Republicans propose cutting in public education is too deep and unnecessary. At a press availability he ... Keep Reading
N.C. Bill Calls for Budget Balancing Constitutional Convention
Raleigh, N.C. – As the country approaches its $14.3 trillion debt ceiling, North Carolina Sen. David Rouzer (R – Johnston) has filed a bill which petitions Congress to adopt a ... Keep Reading
Tax Cut Package May Be Coming Next Week
The state House is expected to move its budget over to the Senate this week. At the same time there is still no tax cut package to explain the drop in revenue in the House budget ... Keep Reading
Parsing the Conflicting Job Loss Claims
N.C. House Republican leaders held a press conference yesterday to discuss the House's budget proposal, being debated on the House floor today. The primary issue being discussed ... Keep Reading
House Budget Abolishes Trust Funds and Diverts Money
The spending plan written by House Republicans would significantly change who would make the decisions about how the proceeds from the national tobacco settlement are used. The ... Keep Reading
Wait For It – Tax Cuts
The House Appropriations Committee kicks off debate on the new Republican budget today. The one thing that sticks out in the "money report" is a line item labeled "Reserve for ... Keep Reading
Fee Increases Complete Initial Work on House Budget
The House Finance Committee approved a package of almost $100 million in new or higher fees. That's the last bit of business on the House budget as the package heads back to the ... Keep Reading
