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Posted: January 13, 2009

Perdue: Budget deficit will reach $2B

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RALEIGH, N.C. — Gov. Beverly Perdue says she's taking additional steps to keep North Carolina's budget balanced after word from fiscal analysts that thisfiscal  year's shortfall will now reach $2 billion.

Perdue announced late Tuesday afternoon that she has signed an executive order outlining options to address the shortfall. The new governor said that a more detailed management plan will be released by the end of the week.

Gov. Mike Easley had assembled a plan in the fall to hold back money and free up other funds totaling $1.2 billion. That's when state budget officials agreed with legislative economists who said the shortfall could reach $1.6 billion.

Easley ordered state agencies to have detailed plans to cut from 3 to 7 percent ready for Perdue by Thursday.

Perdue said her budget officials are now saying the amount could reach $2 billion or higher.

RELATED TOPICS: Beverly Perdue

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23 Comments


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Latest Comments
cut the state elected officals pay by 50% since they really do not do anything to help us.
Click to view my profile meat20
January 14, 2009 6:45 p.m.
PaulRevere, how do you prove that you are a citizen at the store? I don't know of too many folks that carry their birth certificate or passport with them at all times. Of course, we can issue everyone an internal passport, so that you can prove you are a citizen when you pay your bill at the grocery store.
Click to view my profile chfdcpt
January 14, 2009 1:38 p.m.
There is no budget deficit. They have a spending problem. The headline should read "State projected to reduce spending by 2 Billion to match revenue".
whatelseisnew
January 14, 2009 11:09 a.m.
Instead of raising taxes, levy a $10,000 fine per illegal alien to businesses and load up the Tornado bus for the border.

I'm all for getting rid of the leaching illegals. American citizens need the jobs no matter how bad they are.
vote4changeASAP
January 14, 2009 10:11 a.m.
What if the ILLEGAL ALIENS that has been getting a free ride on the back of taxpayers was denied services and free healthcare and free food - In Greene County alone that would save a ton of money. Stop busing kids all over districts - that would save a ton of money - I mean those of us that work everyday dont qualify for JACK and the illegals drive up to the Food Lion in an Escalade and pull out a WIC card to pay for food!!!!
Click to view my profile maddiesmom972
January 14, 2009 10:03 a.m.
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