New report: House budget an “inadequate and temporary fix”
The Budget and Tax Center is out with a new report on the House version of the 2013 state budget and it does not paint a pretty picture.
To quote the introduction:
“The NC House’s budget proposal would increase net state spending by $338.7 million over the FY2012-13 continuation budget. However, that increase would restore just 20 percent of the $1.7 billion in cuts made to state investments in education, health, public safety, and infrastructure in last year’s budget. In addition, the increases would be temporary because the majority of availability in the House budget is attributable to one-time sources.
When compared to state spending before the Great Recession, the House budget reflects a tremendously diminished baseline state budget – one that has resulted in fewer teachers in classrooms, aging and out-of-date textbooks, skyrocketing tuition rates for college students at public colleges and universities, higher costs for accessing the courts, crumbling roads, and structurally unsound bridges. Despite making minor restorations in funding for some state-supported institutions and infrastructures, the House budget falls woefully short of what is needed to spur a strong and sustainable economic recovery for North Carolinians in communities across the state.