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Wed May 14, 2014
Governor McCrory Unveils Budget Proposal
Governor McCrory has unveiled a $21 billion budget proposal that includes raises for teachers and state employees, promotes more oversight of coal ash ponds, and adds $50 million to the state's rainy day fund. But it also includes a $49 million cut to the University of North Carolina system.
"We’ve had to make some very very difficult decisions. Which we think will have a positive impact on the future. This budget proposal has already been shared with top budget legislators in the House and the Senate, and therefore nothing should come as a surprise," says McCrory.
The governor says his office has been communicating with university officials about the proposed cuts. State budget director Art Pope says his office is projecting a state Medicaid shortfall of $70 million.