RALEIGH, N.C. (AP) – This year’s budget process is moving quickly in the North Carolina House.
The full House plans Wednesday to debate and then hold the first of two required votes on proposed budget adjustments. The adjustments are for the second year of the two-year budget approved last September.
The $22.2 billion spending proposal cleared two House committees Tuesday after lawmakers considered almost 50 amendments. The first floor vote wasn’t expected until Thursday but House leaders agreed to move it up a day.
The measure authorizes spending $500 million more than what was approved for this year. Higher tax collections and lower Medicaid expenses allowed GOP budget-writers to provide teacher and state employee pay raises and higher standard deductions on state income taxes.
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