Sarah Curry, John Locke Foundation director of fiscal policy studies, assesses the N.C. Senate’s budget proposal. Curry offered these comments during the May 23, 2013, edition of News 14 Carolina’s “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.