House budget rollout begins
Friday, May 30th, 2008
By Staff
It favors, teachers, state workers, droput prevention; a mental health service is cut
House leaders on Thursday began moving some major pieces of what is likely to be a $21 billion budget proposal that will include modest pay increases for teachers and state employees, more money for high school dropout prevention and a deep cut in a much-maligned community services program for the mentally ill.
Highlights of what House budget writers have proposed:
Taxes and fees
The House did not go along with Gov. Mike Easley's proposed tax increases on cigarettes and alcoholic beverages. The House plan will include about $50 million in tax relief by expanding tax credits to lower income working families and small businesses who offer health insurance, and by offering a property tax exemption to veterans who have suffered disabling injuries in service and their surviving spouses. (more…)
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