JLF Research | Spotlights

Next Come the Taxes: Spending growth continues in latest budget

Joseph Coletti
Aug. 23rd, 2007
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Gov. Mike Easley and the General Assembly continue the spend-and-tax cycle, increasing the General Fund $1.8 billion, 9.5 percent, over last year. General Fund spending on operations reaches $20.7 billion in FY 2007-08, a 43 percent increase in just five years, similar to the five-year period through FY1997-98.

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