Perdue Orders More Cuts To Fix Budget Shortfall

Gov. Beverly Perdue says the state's budget problems are getting worse.

Perdue told most state agencies Wednesday to reduce their spending by 9 percent of their budgeted amounts for the current fiscal year. Last month, she had asked for cuts of up to 7 percent.

Perdue also said the state will transfer $300 million from four special accounts into the state's general operating fund to deal with potential cash flow problems. She called that a precautionary step.

The governor is making the changes in part because the state will have $150 million less from the federal stimulus package than previously believed.

Perdue said last week she had asked for additional cuts to confront a budget shortfall that her office said could reach as much as $2.2 billion.

(Copyright 2009 by The Associated Press. All Rights Reserved.)

You must be logged in to post comments.

Password (case sensitive):
Remember Me:

Read Comments

Comments are posted from viewers like you and do not always reflect the views of this station.
  • by tim Location: pitt on Feb 26, 2009 at 04:13 AM
    She tells them to cut but she created 2 jobs the other week that combined together pay over 200,000
  • by Matt Location: Nc on Feb 25, 2009 at 09:17 PM
    Transfer money from what special accounts? Additional cuts from what accounts? Come on WITN. Give us better reporting than just half of the story. Or is that ALL the good govenor wants us to know?
  • by bama on Feb 25, 2009 at 05:42 PM
    easley would have still taken a nice vacation
  • by Anonymous on Feb 25, 2009 at 05:05 PM
    She has just got to save some money for "The Global Transpark." All the "Golden Pockets" are waiting.

275 E. Arlington Blvd. Greenville, NC 27858 252-439-7777
Copyright © 2002-2016 - Designed by Gray Digital Media - Powered by Clickability 40311492 -
Gray Television, Inc.