N.C. legislators see deep state cuts: "(By Alan M. Wolf, alan.wolf@newsobserver.com) The state's financial problems will require deep, rapid cuts in agencies and programs and will almost certainly mean lost jobs, top lawmakers told hundreds of business leaders at a forum in Durham on Monday.
The Economic Forecast Forum, sponsored by the N.C. Chamber and N.C. Bankers Association, is an annual lunch focused on the state's economy in a new year. This year's version included a morning panel to discuss the grim state budget situation and projected deficit of $3.7 billion."