NC has more than $5 billion in reserves & rainy day fund, 300K+ unemployed and thousands of restaurants, clubs and other small business teetering on the edge of oblivion. 1/
The CW has been to not tap those funds if there's a new federal relief package. So we wait. The legislature isn't scheduled to gavel in until mid-January. So we wait. 2/
If this were a hurricane or wildfire, the state would already be spending $ using FEMA rules that guarantee reimbursement later. 3/
At some point NC is going to have to step in regardless. The question is how much more damage is going to go down before that happens? How many more evictions, missed meals and shuttered shops? 4/
This state has been locked in a locked bitter partisan fight over spending. We haven't seen a real, comprehensive, updated budget for 2 years. It's one reason for all those billions in reserve. 5/