The North Carolina Senate has given tentative approval to a Republican bill to target several hundred million dollars from spending cuts and reserve funds to help close next year's budget gap.
The measure was approved Thursday in a 30-18 party-line vote. Lawmakers rejected an attempt to exempt $75 million in three economic development initiatives from the list of funds to be tapped.
The money would be carried over to help close next year's projected $3.7 billion shortfall.
Democratic Gov. Beverly Perdue has said the bill would put North Carolina at a disadvantage in recruiting new companies and jobs.
A final Senate vote is expected Monday before it goes to the House.
(Copyright 2011 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.