NCGA Budget Gives $2.6 Million to Crisis Pregnancy Centers

NCGA Budget Gives $2.6 Million to Crisis Pregnancy Centers

After weeks of negotiations, Republicans in the General Assembly announced the details of their $23 billion budget agreement Monday, outlining plans to increase teacher pay and slash taxes by a projected $530 million. 

An oft-cited provision in the GOP budget would raise teacher pay by an average 3.3 percent and give other state employees a flat $1,000 bonus. The budget would also make a series of tax cuts effective in 2019: lowering the corporate income tax rate from 3 to 2.5 percent, reducing the personal income tax rate from 5.499 to 5.25 percent, and decreasing the franchise tax on small businesses.

Critics argue that the state is sacrificing much-needed investments—not just in schools, but also in infrastructure and economic development—at the altar of tax relief for the wealthy.…

Click to read...  Senate gives OK to tax cut plan
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