budget

2017 North Carolina Senate Budget - Quick Takeaways

It’s clear from Senate Republicans’ proposed budget that they are determined to follow their same misguided priorities - placing the millionaires and billionaires that fund their campaigns ahead of the needs of everyday North Carolinians. When compared to the governor's budget, this budget falls short in several key ways:

  • Cooper’s plan is a realistic plan to get teacher pay to the national average in five years and raises teacher pay by 5% this year. The Senate plan only raises teacher pay 3.7%.
  • Every teacher gets a raise under the Cooper plan. Under the Senate plan, the most veteran teachers get no raise at all.
  • Cooper’s budget invests $8 million more in textbooks and increases per pupil spending by almost $200 more than the Senate plan.
  • Instead of eliminating the wait list for Pre-K or providing for tuition-free community college as Governor Cooper did, Republicans have chosen to spend another $44 million on private school vouchers.

Instead of investing in schools, the Republican leaders in the Senate are willing to give away hundreds of millions of dollars on tax breaks for billionaires and giant corporations.

This plan would give millionaires a tax cut 60 times the size of what middle class families would receive.

Since Republicans have taken control of the state legislature they’ve chosen millionaires before the middle class every step of the way. Under the Senate plan, eighty percent of state tax breaks since 2013 went to the wealthiest North Carolinians.

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Budget Compromise? A Response.

Yesterday, Speaker Tim Moore announced that a budget compromise may be on the horizon and it could feature block grants to local school districts. Instead of choosing the Senate’s plan to layoff teacher assistants and hire more teachers or the House’s version that protects TA&rsq…

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SB607 “TABOR” Is a Terrible Idea

Republicans are desperate to distract attention because they can’t balance the budget after giving huge tax breaks to the millionaires and shifting the burden to everyone else. This new budget gimmick is confusing, unnecessary and will have unintended…

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So-called surplus built on the backs of everyday North Carolinians

Yesterday the NCGA’s Fiscal Research Division and OSBM released new state revenue forecasts that found a $400 million surplus, instead of a deficit, as had been previously estimated. But buried in the official memo are two dichotomies that explains all you need to know about …

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Responses to Gov. McCrory’s Proposed Budget

We found these responses particularly insightful: On Thursday, Gov. Pat McCrory released a unambitious state budget, that barely covered the state’s most pressing needs. The Raleigh News & Observer explained it best, “The document runs almost 300 pages. Its expla…

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NCGA Budget Negotiations Drag On: Who’s Getting Cut?

So what’s going to get cut? With the House agreeing to drop its proposal to sell more lottery tickets, there is no more increased revenue on the table in the budget conference committee. To pay for a teacher pay increase something or someone is going to get cut. Who is it going to …

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