NC lawmakers in capital with budget top priority
RALEIGH, N.C. (By GARY D. ROBERTSON; Associated Press) - North Carolina legislators returned to Raleigh on Wednesday to focus on fixing a state budget that still can't keep up with flagging revenues and to find ways to encourage job creation among small businesses.
The gavels fell at noon Wednesday in the Legislative Building, bringing the House and Senate officially back to work after a nine-month absence.
Their main business will be to adjust the second year of the two-year budget approved by lawmakers last summer. Democrats estimate between $800 million and $1 billion in additional revenues or spending cuts are needed to balance the budget for the year starting July 1.
But Democratic leaders, who control both chambers, have made clear they don't want to stick around too long after the budget adjustments are made and signed by Democratic Gov. Beverly Perdue. Senate Democrats say they're still on track to pass their version of the budget adjustments by May 20.
The gavels fell at noon Wednesday in the Legislative Building, bringing the House and Senate officially back to work after a nine-month absence.
Their main business will be to adjust the second year of the two-year budget approved by lawmakers last summer. Democrats estimate between $800 million and $1 billion in additional revenues or spending cuts are needed to balance the budget for the year starting July 1.
But Democratic leaders, who control both chambers, have made clear they don't want to stick around too long after the budget adjustments are made and signed by Democratic Gov. Beverly Perdue. Senate Democrats say they're still on track to pass their version of the budget adjustments by May 20.
posted by BP News Bureau | 9:48 AM
0 Comments:
Post a Comment
<< Home