NC Legislature gives final OK to savings bill
Published: February 10, 2011
Time posted: 4:21 pm
Tags: Beverly Perdue
RALEIGH — The Republican-led Legislature has set up a veto showdown with Democratic Gov. Beverly Perdue over a budget-savings plan.
The House gave final approval to a measure today that directs Perdue to find at least $400 million in savings by the end of June from a $19 billion spending plan.
The Senate already had agreed to the plan. It now goes to Perdue for her signature.
The bill also takes about $75 million from three economic development funds. The governor has opposed her proposed loss of economic incentive money but hasn’t said if she would veto the measure.
The 66-51 margin in the House indicates Republicans may be unable to override a veto.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.