The John Locke Foundation published the Can-Do Budget a little while back, but it is worth revisiting  given Perdue's suggested "temporary" tax hikes.  

The following is a summary of the "Key Facts" as JLF sees them.   The .pdf publication is mostly spreadsheets, but page 2 highlights areas that JLF believes can be cut from our bloated budget.  Link.

Key facts:

• The original House budget proposal for fiscal year (FY) 2009-10 used $1.5 billion in Federal bailout funds to craft a budget that spent $19.3 billion.
  
  
• Although it is nearly $3 billion less than the original $22 billion request, the original House plan would have been just $1 billion less than actual appropriations in FY2008-09.
  
  
• Advocacy groups protested program cuts in the spending plan, in some cases justifiably. House Democrats added $870 million in taxes and fees in FY2009-10 to increase spending above $20 billion.
  
  
• The Can-Do Budget, building on the Back to Basics Budget released in March shows one way the House could have avoided new taxes and fees in a more responsible way than the original House budget plan.
  
  
• This budget would redirect revenues from the Tobacco Master Settlement to the General Fund, eliminate $125 million in non-teaching centers in the UNC System, and remove corporate welfare programs such as the North Carolina Biotechnology Center, Job Development Investment Grants, and tax carve-outs like the recently approved tax break for Apple Computer.
  
  
• There is still time for the Conference Committee to bring openness, responsibility, accountability, and fairness to the state budget. They can start by looking at the recommendations in the attached report.