N.C.'s share of federal stimulus to be around $6B
RALEIGH (AP) - North Carolina officials say the state will receive about $6 billion from the $789 billion federal stimulus package that's nearing a final vote in Congress.
The bill spelling out how much each state will receive during the next two years is headed for votes Friday in the U.S. House and Senate.
The state budget office said a preliminary breakdown of the bill's spending plan shows about $1.2 billion for school modernization and other education programs in North Carolina. The state will also get $2.35 billion to help provide Medicaid health insurance for low-income residents.
Gov. Beverly Perdue is counting on federal aid to help narrow a gap in the current year's state budget of about $2 billion, but state officials caution they don't yet know if there will be limits on how all of the $6 billion is spent.
Related Links
Search News-Record.com
closeSearch News & Record Article Archives
Not all of the newspaper's content appears online.
*There is a fee for downloading some older articles.
