North Carolina Senate unveils state budget with deeper tax cuts, lower raises than House proposal
“North Carolina Senate Republicans revealed their proposed two-year state government budget proposal Monday, one that would further reduce personal income taxes but offer less generous pay raises for workers compared to what their House counterparts sought. The Senate plan spends the same amounts as the House budget bill approved last month, with $29.8 billion for the year starting July 1 and $30.9 billion for the following year. Those bottom-line figures are the result of an already-negotiated agreement by GOP leaders from both chambers.”