North Carolina General Assembly Leaders Reach Agreement on Overall Budget Spend
Raleigh, NC – North Carolina Senate Leader Phil Berger (R-Rockingham) and North Carolina House Speaker Tim Moore (R-Cleveland) today reached an agreement on the total spend of the 2023-2024 budget at 6.5% growth in the first year and 3.75% the following year.
House Speaker Tim Moore said, "Reaching this agreement with the Senate on the overall spend is an encouraging start to crafting another responsible budget that addresses the needs of North Carolinians, including key investments in teacher and state employee raises, infrastructure, and workforce development."
He continued, "We have more work to do to ensure those needs are met, to secure a bright future for North Carolina in spite of the failing Biden economy that has impacted us all. I am confident we can keep our state on the same path to continue the growth and promise our state offers so many."
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