Major Budget Breakthrough in North Carolina

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by Bruce Carroll

North Carolina state legislative budget negotiators cleared a major obstacle Wednesday by reaching a compromise on the Medicaid section of the 2014-15 General Fund spending plan.

Senate and House budget leaders sat down Wednesday morning for a standing-room-only meeting to start a new round of exchanging offers, starting with the bottom line.

Senate Majority Leader Harry Brown said the meeting would deal only with differences between the two chambers on reversions, Medicaid and the lottery – the three biggest factors in determining how much money is actually available to be spent in the new fiscal year.

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