N.C. General Assembly
The immoveable iceberg of state budget negotiations appears to be thawing. State Senate leadership is proposing a budget cap of $21.65 billion, a little more than the Senate initially proposed, but still less than the House wanted.
In exchange, the Senate is willing to remove Medicaid reform and econcomic development policy from the budget — two of the most significant budget policy differences between the House and the Senate.
Click here for our analysis of the major rural economic development items in the state budget, as well as the major differences between the two houses.
With the U. S. House and Senate out of town for its summer recess, some action has been made, at least at the committee level, on all 12 of the FY2016 federal appropriations bills.
There is already talk of a contuing resolution to fund the government beyond the current fiscal year, which ends on September 30. The House and the Senate will return to Washington, D.C., after Labor Day and are expected to be in session until mid-December.
Click here for an up-to-date summary on the rural economic development program funding levels we are tracking in the multiple appropriations bills.