Facing a $2.5 billion dollar structural deficit, the Senate in 2011 balanced the state budget and turned the historic shortfall into a surplus – all without raising taxes. The Senate has balanced the budget every year since, without raising taxes on North Carolina families or businesses.
For too many years, politicians managed North Carolina’s state budget like a no- limit credit card – racking up huge deficits despite massive tax increases.
That runaway spending stopped in 2011, and North Carolina’s right-sized state government is now more efficient and productive.
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