NC budget to include tax cuts, infrastructure spending, legislative leaders announce
Story Date: 6/9/2021

 

Source:  WRAL, 6/8/21

North Carolina's top Republican lawmakers say they'll include tax cuts in a budget they plan to pass later this summer. Leaders in the House and the Senate released a statement Tuesday saying that, while they don't yet have a budget deal, they've agreed to include no more than $25.7 billion in the spending plan for the two-year period that starts in July. That would amount to a 3.45% increase in spending. It's significantly less than the $27.3 billion Gov. Roy Cooper proposed in his own budget plan.

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