Pat McCrory: The $4.8 Billion Man

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FOR IMMEDIATE RELEASE

Monday, May 9, 2016

CONTACT: Dave Miranda, 919.408.7430

or Dave@ncdp.org

Pat McCrory: The $4.8 Billion Man

As HB2 threatens billions in education funding, McCrory digs in

 

RALEIGH, N.C. – Gov. Pay McCrory today doubled down on his defense of his illegal discrimination bill, HB2, suing the federal government in a last-ditch effort to prevent the loss of billions of dollars in federal funding. A new report shows that HB2 is expected to cost North Carolina at least $4.8 billion.

“HB2 is hurting our economy and threatening billions in vital funds for our schools. But instead of fixing his colossal mistake, Governor McCrory is digging in. It’s clear: North Carolina just can’t afford Pat McCrory’s $4.8 billion mess,” said North Carolina Democratic Party spokesman Dave Miranda.

The loss of $4.8 billion as a result of HB2 would severely impact North Carolina’s already-underfunded public schools, and would risk the reputation and success of the University of North Carolina system, the state’s greatest resource and a key economic driver for the region. In addition to the loss of federal educational funding of up to $4.7 billion annually as a result of Title IX violations, HB2 will cause the state to lose:

  • Federal contracts to state and local government entities of an estimated $35 million to $65 million annually as a result of Executive Order 13672 violations
  • Federal funding to support NCWorks of up to $108 million annually
  • Federal grants authorized by the Violence Against Women Act of an estimated $5 million to $5.6 million or more annually
  • Federal funding from the U.S. Department of Health and Human Services as a result of Affordable Care Act violations
  • Federal funding from the U.S. Department of Housing and Urban Development as a result of violations of the Equal Access Rule
  • Costs incurred as a result of litigation and federal administrative enforcement under Title IX, Executive Order 13672, the Workforce Innovation and Opportunity Act, the Violence Against Women Act, and Title VII of the Civil Rights Act of 1964.

The $4.8 billion McCrory’s illegal bill will cost North Carolina does not include more than half a billion dollars in lost economic activity as a result of businesses canceling expansion plans or leaving the state, or the potential loss of $1 billion in federal highway funds from the Department of Transportation.

McCrory is expected to eventually repeal HB2. The only question for North Carolina is how much will it cost us before he does?

 

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The North Carolina Democratic Party (NCDP) is the North Carolina affiliate of the Democratic Party. NCDP works to elect Democratic public officials, encourages North Carolinians to become involved in Democratic politics, and fights for equality, opportunity and prosperity for all North Carolinians.