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NC Republicans announce budget deal for next year

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TWC News: NC Republicans announce budget deal for next year
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RALEIGH (AP) -- North Carolina Republican legislative leaders say they hope their final budget deal does enough to help public education and Medicaid to win the support of Democratic colleagues and Gov. Bev Perdue.

Senate leader Phil Berger and House Speaker Thom Tillis on Wednesday released the details of their compromise state government spending plan for the coming year. The two chambers will vote on the compromise later this week before it goes to Perdue.

The compromise includes a 1.2 percent pay raise for public school teachers and state employees. About $250 million is restored for public school funding.

The bill includes $100 million set aside in reserve to deal with any Medicaid cost overruns.

Tillis calls the deal a good-faith effort that is better than having no adjustments at all.

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