Legislature OKs NC Stop-Gap State Spending Plan
RALEIGH, N.C. (AP) – The General Assembly has made quick work of approving contingency plans for North Carolina government given there’s no state budget with less than a week before the fiscal year ends.
The Senate and House approved Tuesday a stop-gap spending measure that would keep funding government operations through July as budget talks continue. The measure now goes to Gov. Pat McCrory‘s desk for his signature.
The proposal is needed because legislative leaders haven’t yet negotiated a final budget for the next two years. They’re trying to first reach a deal on a tax overhaul.
Tuesday’s measure directs state agencies on how much they can spend in the meantime. It also tells the state budget office to find $45 million in savings to pay for an even larger Medicaid shortfall this year.