The General Assembly will study drilling for energy source off the North Carolina coast. Senate President Pro Tem Marc Basnight, D-Dare, supports the study but says he would oppose drilling based on current information. Dr. Roy Cordato, John Locke Foundation vice president for research and resident scholar, responds to Basnight’s comments.
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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.