North Carolina’s $6.2Billion Surplus
As inflation remains a major concern, many are wondering is North Carolina Governor Roy Cooper will add stimulus checks to his budget.
The state has a $6.2billion surplus and Mr Roy’s budget wants to invest in North Carolina families, businesses, and communities.
However, many residents are still dealing with the aftermath of the pandemic, and now rising costs. According to AAA, gas prices rose to $4.36, up 16cents just from last week.
On May 11, Gov Cooper announced his proposed budget that would invest in workforce training for high paying jobs, quality healthcare, clean air and drinking water, and infrastructure.
As of now, there are no plans for stimulus however, Gov Cooper stated that the state rainy day fund is expected to reach $4.25billion as new fiscal year begins on July 1.