Under a new proposal from Superintendent Tony Tata, The Wake County Schools budget will shrink by $24 million next year.

Dave DeWitt: Even with the cuts, Tata says there will be no teacher layoffs. In fact, he expects to be able to give teachers a one percent raise - their first in four years.

Better incentives for economic development are one way to tackle North Carolina's high unemployment rate. That's according to the non-profit North Carolina Budget & Tax Center. Report author Allan Freyer says the state should change how it attracts companies.

Thousands of students are returning to area universities. They will be greeted by a variety of changes brought on by budget cuts.

A ruling by a State Superior court judge has revived the battle over the state budget.

Members of Congress from North Carolina are weighing in on the talks in Washington about the debt ceiling. The country could default on its debt after August 2nd if a deal isn't reached between Congress and the White House. Much of the impasse centers around taxes. Second district Representative Renee Ellmers says she is with her Republican colleagues who say tax increases are off the table.

UNC-Chapel Hill is taking the largest budget cut in the university system. Chapel Hill will receive 18 percent less funding from the state this year.

Deep Budget Cuts

Jun 28, 2011

North Carolina’s General Assembly recently passed the budget for the fiscal year beginning July 1st. The $19.7 billion budget was vetoed by Democratic Governor Bev Perdue. But a handful of Democrats sided with Republicans, giving them enough votes to override that veto.

Judge Howard Manning heard closing statements today in a hearing convened to decide whether the newly passed state budget provides students the kind of education that's constitutionally guaranteed to them.

Educational experts testified in a Wake County courtroom yesterday in a hearing over how the state's recently passed budget will affect North Carolina's schools.

Lawmakers in North Carolina's legislature have officially overturned Governor Perdue's veto of a Republican-penned 19-point-7 billion dollar budget. The Senate voted to reject the governor's veto this afternoon. House lawmakers voted to override after midnight early this morning. Republican Senator Richard Stevens is a lead budget writer.