Budget awaits deal over which taxes to raise
RALEIGH (Greensboro News & Record) — Lawmakers will miss their July 1 deadline for putting a new state budget in place as they wrangle over which programs to cut and which taxes to raise.
Barring a major blow-up, North Carolina will operate off a temporary spending plan for some time, allowing agencies to maintain basic services but making none of the changes needed to ensure the state doesn’t fall into deficit next year.
The so-called continuing resolution will instruct agencies to hold back on automatic pay raises and other increases, allowing them to operate at 85 percent of last year’s budget. That measure is still pending in the House, where lawmakers want to give themselves two weeks to finish their work. Senate budget writers would prefer an indefinite time frame.
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Barring a major blow-up, North Carolina will operate off a temporary spending plan for some time, allowing agencies to maintain basic services but making none of the changes needed to ensure the state doesn’t fall into deficit next year.
The so-called continuing resolution will instruct agencies to hold back on automatic pay raises and other increases, allowing them to operate at 85 percent of last year’s budget. That measure is still pending in the House, where lawmakers want to give themselves two weeks to finish their work. Senate budget writers would prefer an indefinite time frame.
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posted by BP News Bureau | 12:42 PM
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