State Government
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By Administrator
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Wednesday, 20 February 2019 11:07 |
Governor Roy Cooper criticized the Senate's proposal to provide $2 billion in school construction funding with zero debt interest payments. In his statement, Cooper touted a debt-financed bond instead. Governor Cooper said, "Skimming money that should go to teacher pay raises and other school funding is like using your gas money to buy a car."
In response, Pat Ryan, a spokesperson for Senator Berger, said, "It will cost $1.2 billion in debt interest payments to get $1.9 billion through a bond. That’s like using your gas money to start a fire. That money could be used for other needs like improving school safety, raising teacher salaries, or purchasing textbooks and other instructional supplies."
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Last Updated on Wednesday, 20 February 2019 11:13 |