Current:Home > StocksWith spending talks idling, North Carolina House to advance its own budget proposal -MarketPoint
With spending talks idling, North Carolina House to advance its own budget proposal
View
Date:2025-04-13 20:04:53
RALEIGH, 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! (45572)
Related
- California DMV apologizes for license plate that some say mocks Oct. 7 attack on Israel
- Would your cat survive the 'Quiet Place'? Felines hilariously fail viral challenge
- Woman's body found with no legs in California waterway, coroner asks public to help ID
- Coca-Cola to pay $6 billion in IRS back taxes case while appealing judge’s decision
- See you latte: Starbucks plans to cut 30% of its menu
- WWE SummerSlam 2024 live results: Match card, what to know for PPV in Cleveland
- American swimmer Alex Walsh disqualified from 200 individual medley at Paris Olympics
- Michigan voters to choose party candidates for crucial Senate race in battleground state
- Moving abroad can be expensive: These 5 countries will 'pay' you to move there
- Jelly Roll stops show to get chair for cancer survivor: See video
Ranking
- This was the average Social Security benefit in 2004, and here's what it is now
- Freddie Prinze Jr. Reveals Secret About She's All That You Have to See to Believe
- That's not my cat... but, maybe I want it to be? Inside the cat distribution system
- Brooklyn Peltz Beckham Shares Photo From Hospital After Breaking His Shoulder
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Tropical Glaciers in the Andes Are the Smallest They’ve Been in 11,700 Years
- Kamala Harris is interviewing six potential vice president picks this weekend, AP sources say
- Medical report offers details on death of D'Vontaye Mitchell outside Milwaukee Hyatt
Recommendation
Intel's stock did something it hasn't done since 2022
Tyreek Hill of Miami Dolphins named No. 1 in 'Top 100 Players of 2024' countdown
'We feel deep sadness': 20-year-old falls 400 feet to his death at Grand Canyon
Who are the Americans still detained in Russian prisons? Here's the list.
Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
American Grant Fisher surprises in Olympic men's 10,000 meters, taking bronze
Trump and Vance return to Georgia days after a Harris event in the same arena
Would your cat survive the 'Quiet Place'? Felines hilariously fail viral challenge