November 20, 2009

Vote Now: Bad Bill of the Year

We had the easy part of selecting 32 of the worst ideas to be introduced in the General Assembly this session. Now you have the difficult task to decide only one that will be the winner, or should that be the loser, of the competition. (Vote Now...)

Drowning in Debt

State and local governments across North Carolina have accumulated nearly $90 billion in debt and unfunded liabilities. That's equivalent to more than $9,600 for every man, woman, and child across the state - or approximately $38,650 for a family of four. (Read More...)


Government debt will be our fiscal Waterloo

Greensboro residents face a staggering state and local government true debt burden equivalent to $11,200 for every man, woman and child -- or roughly $44,800 for a family of four. This amount, calculated in a report by Raleigh's Civitas Institute, reflects each Greensboro citizen's share of the total debt and unfunded liabilities accrued by the city of Greensboro, Guilford County and the state of North Carolina (the report is available at www.nccivitas.org).

Legislators Have Tough Sell On Tax Reform

While many North Carolina voters were heading to the ballot box on November 3 to elect new local government officials, a select group of N.C. House and Senate Finance committee members met in Raleigh to discuss ways of overhauling the state’s tax code.

Dell Closing Provides Important Lesson

The October announcement that the Dell plant in Forsyth County would close by January 2010 should serve as a reminder about the folly and arrogance of government-created “economic incentives.”


How Fast is North Carolina Spending Your Money? $1,234,543,459

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