Current:Home > reviewsIndexbit Exchange:With spending talks idling, North Carolina House to advance its own budget proposal -Visionary Wealth Guides
Indexbit Exchange:With spending talks idling, North Carolina House to advance its own budget proposal
Indexbit View
Date:2025-04-07 17:39:37
RALEIGH,Indexbit Exchange N.C. (AP) — While spending talks idle between Republicans in the North Carolina General Assembly, the House is rolling out its own proposed budget adjustments for the coming year, and plans to vote on them next week, Speaker Tim Moore said Tuesday.
House and Senate GOP leaders have been negotiating privately for weeks on a path forward to create one budget measure they can agree on together without going through the conventional process of advancing competing spending plans. Any such measure would adjust the second year of a two-year state government budget enacted last fall.
But both Moore and Senate leader Phil Berger have expressed frustration with the negotiations. Berger has said House Republicans want to spend more in the next 12 months than the Senate — potentially $1 billion more — and spend a lot on what he calls “pork,” meaning local or unnecessary projects.
While Moore downplayed monetary differences on Tuesday, he told reporters that the House wanted to “make a statement” and propose higher pay for teachers and state employees beyond what the two-year budget is currently offering in the coming year. The Senate is not on board with that, the speaker said.
“We’ve reached a really tough point in negotiations,” Moore said, so “we’re going to move forward with a budget on the House side. I’m hopeful that we’ll be able to get a resolution with the Senate as well.” Moore said he expects his chamber’s budget bill to be made public early next week, with floor votes later next week.
Any budget adjustment bill approved by the House would then go to the Senate, which would be apt to vote out their own proposal. Negotiations over the competing plans would follow. A final approved measure would then go to Democratic Gov. Roy Cooper for his consideration.
The fiscal year ends June 30, which is usually the self-imposed deadline to complete new budget legislation. Completing one by that date seems unlikely this year. In the meantime, the state government would operate on the second year of the enacted budget, which would spend almost $31 billion.
State economists project that government coffers will bring in nearly $1 billion more through mid-2025 than was anticipated when the two-year budget was created. Lawmakers are facing financial pressures to address a waiting list for children seeking scholarships to attend private schools and a loss of federal funds for child care.
veryGood! (313)
Related
- US wholesale inflation accelerated in November in sign that some price pressures remain elevated
- About half of US state AGs went on France trip sponsored by group with lobbyist and corporate funds
- Screw the monarchy: Why 'House of the Dragon' should take this revolutionary twist
- One Extraordinary (Olympic) Photo: Vadim Ghirda captures the sunset framed by the Arc de Triomphe
- This was the average Social Security benefit in 2004, and here's what it is now
- Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street
- Aerosmith retires from touring, citing permanent damage to Steven Tyler’s voice last year
- Federal judge rules that Florida’s transgender health care ban discriminates against state employees
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- When does Noah Lyles race? Olympic 100 race schedule, results Saturday
Ranking
- South Korean president's party divided over defiant martial law speech
- UAW leader says Trump would send the labor movement into reverse if he’s elected again
- IOC leader says ‘hate speech’ directed at Imane Khelif and Lin Yu-Ting at Olympics is unacceptable
- Analysis: Simone Biles’ greatest power might be the toughness that’s been there all along
- 'Most Whopper
- American Grant Fisher surprises in Olympic men's 10,000 meters, taking bronze
- Parties in lawsuits seeking damages for Maui fires reach $4B global settlement, court filings say
- Team USA men's beach volleyball players part ways with coach mid-Games
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Zac Efron Hospitalized After Swimming Pool Incident in Ibiza
About half of US state AGs went on France trip sponsored by group with lobbyist and corporate funds
What’s the deal with the Olympics? Your burning questions are answered
Taylor Swift makes surprise visit to Kansas City children’s hospital
Albuquerque police commander fired, 7th officer resigns in scandal involving drunken driving unit
Trinity Rodman plays the hero in USWNT victory over Japan — even if she doesn't remember
Idaho prosecutor says he’ll seek death penalty against inmate accused of killing while on the lam