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Democrats, Republicans Present Competing Budget, Tax Plans at the Legislature
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In dueling press conferences at the General Assembly building in Raleigh on Tuesday, lawmakers floated their proposals for how to allocate state dollars for the upcoming state fiscal year that starts July 1.
Governor Roy Cooper presented his $27.3 billion spending plan in late March. And usually by this time of the legislative work session, lawmakers in the Senate and House have presented their chambers’ budget proposals and have retreated behind closed doors to negotiate which line items in their budgets will prevail in the final state budget. 
As in so many things, this year is playing out differently at the legislature, but some things remain consistent: Senate Republicans presented a plan for cutting taxes, including a sunset of the corporate tax by 2028, with a firm “no” when it comes to the possibility of expanding Medicaid. ....

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