WITN  | Greenville, NC  | News, Weather, Sports

Lawmakers Reach Tentative Deals On Spending And Taxes

There's been some major headway on the state budget.

Late last night, House and Senate negotiators reached tentative agreements on a two-year budget that would make a "temporary" sales tax increase permanent and let counties raise additional taxes for school construction and infrastructure.

The deals require final approval by the full House and Senate.

In addition, House and Democratic leaders say the deal would would transfer the counties' share of Medicaid expenses to the state in a three-year phase out.

The two sides still have to sign off on some tax credits and other minor changes today.

The first of two required votes on the final budget in each chamber could come tomorrow or Saturday. The bill ultimately will go to the desk of Democratic Governor Easley for his signature.


WITN

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 8723742 - witn.com/a?a=8723742