[00:00:16.800] 
As governor, I will maintain North
 Carolina's

[00:00:19.600] 
 record of sound fiscal policy.

[00:00:22.960] 
There is no deficit spending in North
 Carolina.

[00:00:26.400] 
We are proud of our triple-A credit
 rating.

[00:00:29.320] 
Good government is a habit and we will
 work

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 to keep it that way.

[00:00:34.080] 
As governor, I will propose a Department
 of

[00:00:36.880] 
 Urban or Community Affairs

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 to work with local governments in solving
 increasingly

[00:00:42.760] 
 complex and unusual problems.

[00:00:45.720] 
I do not propose this department as a
 means to

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 extend state power over local
 government.

[00:00:51.640] 
Instead, I envision for the proposed

[00:00:54.160] 
 department to work in closer cooperation
 with local governments.

[00:00:59.200] 
I advocate amending state law to give 
local governments

[00:01:02.520] 
 more voice in their own affairs.

[00:01:05.280] 
I am for a more home rule.

[00:01:07.960] 
I believe local governments need more
 flexibility

[00:01:11.360] 
 flexibility, for example, to find ways

[00:01:14.560] 
 to finance their own programs.