When North Carolina lawmakers finalized the current state budget during the summer, most observers described that budget using figures ranging from $19 billion to $21 billion. That’s only part of the story. In this Carolina Journal Radio interview I conducted with Joe Coletti, JLF’s Director of Health and Fiscal Policy Studies, he says the real annual budget figure is about $49 billion and describes the various pots of money — where it comes from and what it’s used for.