Two states slower than N.C.

Submitted by bkrueger on August 5, 2009 - 12:51pm.
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North Carolina's new budget may be late - more than a month after the new fiscal year began - but at least it's not last.

In voting this week to approve the budget, North Carolina lawmakers managed to finish their budget work before their counterparts in Connecticut and Pennsylvania, according to a spokeswoman for the National Conference of State Legislatures.

As a result, Connecticut is facing the prospect of having its bond rating downgraded, and Pennsylvania is resorting to a partial budget so that state employees can be paid.

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