(Reuters) - The stopgap spending plan was adopted earlier by the House
after the two bodies failed to reach an agreement on taxes.
Gov. Michael Easley has received the continuing resolution,
according to Deputy Press Secretary Seth Effron.
Easley in late February proposed a 12.6 percent increase in
state spending over the next two years to be funded in part by
$1.62 billion of new debt, projecting total fiscal 2008
spending of $40.7 billion. Spending in fiscal 2007 ending on
Saturday was budgeted at $36.8 billion.
Read more at Reuters.com Bonds News
after the two bodies failed to reach an agreement on taxes.
Gov. Michael Easley has received the continuing resolution,
according to Deputy Press Secretary Seth Effron.
Easley in late February proposed a 12.6 percent increase in
state spending over the next two years to be funded in part by
$1.62 billion of new debt, projecting total fiscal 2008
spending of $40.7 billion. Spending in fiscal 2007 ending on
Saturday was budgeted at $36.8 billion.
Read more at Reuters.com Bonds News
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