A little longer for final North Carolina budget to go public

Share

The Senate budget proposal scheduled $1 billion in tax breaks by mid-2019 compared to $350 million in the House plan.

Top GOP chamber leaders said talks were continuing Thursday.

Senate leader Phil Berger says hammering out a final tax plan was still being discussed, along with other items. He says Democrats are ready to examine a variety of solutions when they answer Gov. Bruce Rauner's call for a special legislative session beginning Wednesday. Berger spokeswoman Amy Auth said later she's hopeful a final budget agreement would be announced Monday.

Both chambers want to raise the standard deduction for income tax filers.

Democratic Senate President John Cullerton of Chicago told The Associated Press Friday that House Republicans should step up and vote for the Senate fiscal plan.

"We are drawing closer and we're seeing if we can get there", Moore told colleagues.

Democrats are proposing a new personal income tax bracket starting at $150,000 while Republicans are calling for broad fiscal reform as DE lawmakers continue struggling to fashion a budget for the upcoming fiscal year. So any Cooper veto could be overturned if Republicans remain united.

Share