The News and Observer is reporting "Gov. Beverly Perdue signed an executive order this morning, calling for furloughs of all state employees.
All teachers and state employees will receive a pay cut of 0.5 percent and in exchange will receive 10 hours of flexible time off before June 30.
"North Carolina continues to experience the effects of a national economic crisis, which forces me to make difficult decisions in order to maintain a balanced budget through June," Perdue said in a statement. "I will do what I must in order to ensure that North Carolina can pay our bills and provide the essential services required by our citizens."
The emergency steps respond to a worsening budget shortfall in the current fiscal year. Budget analysts have revised their predictions of the budget deficit. They now say it will grow beyond $3 billion.
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