gross state product http://wfae.org en Nearly 30,000 NC Jobs Could Be Lost If No Budget Deal Reached http://wfae.org/post/nearly-30000-nc-jobs-could-be-lost-if-no-budget-deal-reached <p></p><p>The combination of tax raises and spending cuts, known as the fiscal cliff, begins taking effect on Wednesday. If no compromise is reached in Washington, North Carolina could lose nearly 30,000 jobs and three percent of its economic output, according to a July report from George Mason University. That’s next year alone. Overall, North Carolina would face more than a $120 billion in cuts over the next decade.</p> Sat, 29 Dec 2012 01:06:12 +0000 Ben Bradford 18496 at http://wfae.org Nearly 30,000 NC Jobs Could Be Lost If No Budget Deal Reached