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A group of business leaders founded the organization NCInnovation to address a problem: North Carolina’s research universities — particularly those outside the Triangle — are struggling to turn their big ideas into business opportunities.
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The state Senate’s budget includes a plan to give the legislature more power to pick judges.
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While most state employees would get a 2.5% raise next year, the Senate offers a much bigger raise to the governor.
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Cooper, a Democrat, released his budget proposal in March. The Republican-led House passed its budget in April. The Senate’s vote this week kicked off weeks of closed-door budget negotiations between House and Senate leaders.
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The proposal spends less on raises than the spending plan proposed by Gov. Roy Cooper. Most state employees would receive an increase of 4.25% this year and 3.25% next year. Overall, the budget increases state spending by 6.5% in the fiscal year that begins in July.
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Legislative leaders announced Wednesday that they’ve agreed on how much to spend in the state budget for the next two years.
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North Carolina will see $232 million in earmarks, or just 2.4% of the $9.7 billion in total earmarks going to projects across the country.
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Lower state income taxes and stronger mandates addressing the mental health of law enforcement officers in North Carolina take effect with the new year.
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Educators will see more money in their paychecks this year from a combination of raises, bonuses and a new county-based supplement for teacher pay.
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The latest budget offer that North Carolina Republicans sent to Democratic Gov. Roy Cooper wouldn't expand Medicaid broadly as Cooper seeks, but it does sweeten a previous proposal on worker pay raises, a top GOP legislator says.