Senate budget uses NC revenue boon on more tax cuts, capital

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RALEIGH, N.C. (AP) — North Carolina Senate Republicans have unveiled a two-year state budget proposal that sticks to earlier spending limits even with recent news of a massive revenue windfall.

The Senate will vote on the spending plan this week.

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The measure revealed Monday sticks to spending caps agreed to with House counterparts.

Those were set before economists announced the state would take in $6.5 billion more than expected.

The bill puts much of that extra money in a savings reserve and an infrastructure construction fund, and makes deeper tax cuts than Republicans originally pitched.

State employee and teacher raises fall short of what Democratic Gov. Roy Cooper proposes.