EPISODE · Mar 27, 2025 · 25 MIN
A closer look at NC's projected 'fiscal cliff'
from WUNC Politics · host WUNC News
Budget season at the state legislature has officially kicked off with the release of Gov. Josh Stein’s budget recommendations. He’s calling on lawmakers to pause scheduled corporate and personal income tax cuts to avoid projected revenue shortfalls starting next year. He says those revenue drops will make it difficult to fund teacher raises and other major investments in state government, but Republican legislative leaders aren’t eager to change course on tax cuts. Kristin Walker is the state budget director, overseeing the economists who develop the revenue forecast. She joined WUNC's Colin Campbell to discuss the details of those projections, and some of the other highlights from the governor's budget recommendations, including public safety funding and free community college tuition.
What this episode covers
Budget season at the state legislature has officially kicked off with the release of Gov. Josh Stein’s budget recommendations. He’s calling on lawmakers to pause scheduled corporate and personal income tax cuts to avoid projected revenue shortfalls starting next year. He says those revenue drops will make it difficult to fund teacher raises and other major investments in state government, but Republican legislative leaders aren’t eager to change course on tax cuts. Kristin Walker is the state budget director, overseeing the economists who develop the revenue forecast. She joined WUNC's Colin Campbell to discuss the details of those projections, and some of the other highlights from the governor's budget recommendations, including public safety funding and free community college tuition.
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A closer look at NC's projected 'fiscal cliff'
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