Becki Gray, John Locke Foundation vice president for outreach, discusses contentious budget negotiations between the N.C. House and Senate. Gray offered these comments during the July 9, 2014, edition of Time Warner Cable News’ “Capital Tonight.”
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State forecasts $1.4 billion budget surplus
The North Carolina General Assembly's Fiscal Research Division projects that while inflation and interest rates are still up, the state will have $400 million over in collections in the current fiscal year and $1 billion additional revenue coming into the state coffers in FY 2024-25.