19 Ocak 2017 Perşembe Breaking News             Latest US News            New York

Two arrested on drug charges after police respond to shooting call in Marshall-Shadeland
Teachers would get a pay raise of up to 5 percent, and most other state employees would get a 2 percent raise under the House budget plan released Monday night – a proposal more generous than Gov. Pat McCrory’s original budget.House Republican leaders...

State employees, teachers would get raises under House budget

Teachers would get a pay raise of up to 5 percent, and most other state employees would get a 2 percent raise under the House budget plan released Monday night – a proposal more generous than Gov. Pat McCrory’s original budget.House Republican leaders...

State employees, teachers would get raises under House budget

Teachers would get a pay raise of up to 5 percent, and most other state employees would get a 2 percent raise under the House budget plan released Monday night – a proposal more generous than Gov. Pat McCrory’s original budget.

House Republican leaders also included a tax cut proposed by Senate leaders. The standard deduction for personal income taxes would increase by up to $2,000. The standard deduction is the base amount of income that isn’t taxed unless a taxpayer chooses itemized deductions.

But unlike the Senate proposal, the House would phase in the tax cut more slowly – raising the standard deduction gradually over a period of four years starting in 2017. That would bring the standard deduction for a married couple filing jointly from $15,500 this year to $17,500 in 2020.

In addition to 2 percent raises, state employees would get a $500 one-time bonus that wouldn’t count toward their retirement. State retirees would get a 1.6 percent cost-of-living increase – a boost that wasn’t included in the governor’s spending plan.

McCrory’s budget would give state employees a one-time bonus averaging 3 percent. He did not include an across-the-board raise for state employees but instead called for targeted raises for hard-to-fill jobs.

Teachers would get more than other state employees under the House plan. The teacher raise would average 4.1 percent and bring the average teacher salary to $50,000 over the next two years – a goal McCrory stressed in his proposal.

Teachers with less than five years of experience wouldn’t get a raise this year, and teachers with 25 years or more would get 2 percent – the smallest raises. Teachers in both those categories would instead receive a $1,000 bonus that would count toward their retirement.

“The North Carolina House has presented a sound, conservative budget that funds our priorities and sets the stage for continued growth and success for North Carolina,” Speaker Tim Moore said in a news release.

Overall, the House budget would spend $22.225 billion – a target that Senate leaders have already agreed to and one that represents a 2.3 percent increase over the current fiscal year.

“This is a responsible budget that funds critical needs, plans for the future, and moves our state forward,” House budget writer Nelson Dollar said in a news release.

Our editors found this article on this site using Google and regenerated it for our readers.

Breaking News Headlines

NY lawsuits blame social media in terror attacks
NY lawsuits blame social media in terror attacks
US sues Oracle, says it pays white men more than others
US sues Oracle, says it pays white men more than others
Social turmoil, revivals, and movie stars: Trends from the 2017 TV winter press tour
Social turmoil, revivals, and movie stars: Trends from the 2017 TV winter press tour
Bedlam theater troupe brings its simple style and staging to theMcCarter
Bedlam theater troupe brings its simple style and staging to theMcCarter
Ultimate N.J. weekend guide: Six cool events to kick the winter blues
Ultimate N.J. weekend guide: Six cool events to kick the winter blues
Rating the movies opening in San Antonio this weekend (Jan. 20)
Rating the movies opening in San Antonio this weekend (Jan. 20)
Floyd Mayweather Net Worth: Boxer Mocks Conor McGregor, Boasts Much Higher Career Earnings
Floyd Mayweather Net Worth: Boxer Mocks Conor McGregor, Boasts Much Higher Career Earnings
Which Celebrities Will Attend Trump’s Inauguration? The Short List Of Celebs Taking Part In Festivities
Which Celebrities Will Attend Trump’s Inauguration? The Short List Of Celebs Taking Part In Festivities
Arlington Cemetery Wreath Laying Live Stream: How To Watch Donald Trump And Mike Pence Honor US Veterans
Arlington Cemetery Wreath Laying Live Stream: How To Watch Donald Trump And Mike Pence Honor US Veterans
Split script unravels but James McAvoy shines in new Shyamalan twister: review | Toronto Star
Split script unravels but James McAvoy shines in new Shyamalan twister: review | Toronto Star
xXx: Return of Xander Cage never slows down or grows up: review | Toronto Star
xXx: Return of Xander Cage never slows down or grows up: review | Toronto Star
Sarah Silverman, Iron Maiden coming to Toronto area | Toronto Star
Sarah Silverman, Iron Maiden coming to Toronto area | Toronto Star
NEWS ARCHIVES