The CPI increase for the last 12 months ending in August was 3.3 percent. It was 2.3 percent for the previous 12 months. But Caperton's assessment may not sum the situation in North Carolina. Worrying that voters might not regard high expenditures for the state's higher education system as a top priority, NC leaders, rather than candidates for public office, are waging a mammoth campaign to convince people that the largest increase in state debt in N.C. history is a good idea. Pope Center Director George Leef was in the audience with his son.
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