News&Observer: N.C. Legislators have filed 1,600 bills but jobs agenda is “sidetracked”

The “jobs, jobs, jobs” mantra in the Republican legislative agenda is sidetracked for the moment.

The House and Senate moved quickly at the start of session to cut jobless benefits and reduce the cost of unemployment insurance on companies, saying it will save “job creators” money.

But the broader effort to help jolt the state’s meandering economy is tied to a major tax overhaul and an effort to streamline business regulations.

Republicans say cutting corporate and personal income taxes will help make the state more competitive, but the size of the cuts and the method of paying for them are still uncertain. A regulatory streamlining bill is expected to be heard soon.

Read more here: http://www.newsobserver.com/2013/04/14/2824568/examining-the-issues.html#storylink=cpy


SHARE

Leave a Reply