RALEIGH A joint forecast from the non-partisan Fiscal Research division of the N.C. General Assembly and the State Office of Budget and Management predicts a $552 million revenue surplus over expected budget expenses.Senate leader Phil Berger credited the Republican leadership for the fiscal results.”Even as the majority of other states face revenue shortfalls and budget crunches, Republican state leaders’ tax cuts and disciplined spending have generated a $552 million revenue surplus for North Carolina making us one of just four states in the country expecting surpluses,” said Berger in a statement. “We hope Gov. Cooper will rethink his pledge to block job-creating future tax cuts for families and small businesses and instead partner with legislative Republicans to stay the course on spending taxpayer money wisely and continuing our state’s record of success.”Gov. Roy Cooper applauded the budget news and encouraged dedicating funds to top legislative priorities like education and added disaster relief. The legislature begins budget considerations next week.
RALEIGH Two rural N.C. hospitals recently received grants allowing them to increase inpatient psychiatric and substance abuse beds. The grants were awarded by the North Carolina Department of Health and Human Services to Duke […]
MUNICH, GERMANY – Heavy rain and tensions around safety are dominating headlines in Germany as Munich’s Oktoberfest started under tightened security.Organizers of the world’s biggest beer festival have banned rucksacks, introduced security checks and erected […]
LUMBERTON, N.C. – Police say that the westbound lanes of Highway 40 are washed out through Johnston County as floodwaters rise in the wake of Hurricane Matthew. Emergency crews in boats rescued hundreds of people […]