Awful numbers foretell Perdue’s painful NC budget

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With the unemployment rate now close to 10 percent, Perdue last week secured the state’s rainy-day reserve fund, bringing to $1 billion the amount at her disposal to pay the state’s bills this year.

Her budget office also suggested scenarios that call for cutting spending from $1.3 billion to $2 billion next year – from 10 percent to 15 percent at most agencies. Cuts for the public schools, higher education and health wouldn’t be as deep.

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