State spending per capita has quadrupled since 1970, even after accounting for inflation Pension liability suffers from a “false impression of solvency” and is likely ten times ... Keep Reading
state spending
State Budget Includes Positive Reforms, But Still Has Plenty of Fat to Trim
On net, this year’s final budget deal can be viewed positively by conservatives. Tipping the scales in favor of the spending plan include: a net tax cut of nearly $400 million ... Keep Reading
Cut This, Go Home
This week, Civitas has been running a series called "Cut This, Go Home." With the state budget still unresolved two months into the fiscal year, we figured we could remind ... Keep Reading
Spending Binges Underlie Budget Woes
As the nation’s sub-par economic recovery continues, tax revenues to state coffers are not rising as rapidly as in past periods of robust economic growth. Some left-leaning groups ... Keep Reading
State Budget Negotiations Go Into Second Overtime
With still no agreement between the state House and Senate on a state budget for the 2015-16 fiscal year that began on July 1, the House and Senate have come to an agreement to ... Keep Reading
NC Biotech Center: Time to End Taxpayer Gravy Train
Today's News & Observer has an article featuring the NC Biotechnology Center - noting that the Senate's budget proposal would eliminate taxpayer funding for the Center, while ... Keep Reading
State Budget Unlikely to be Finalized Before Start of Fiscal Year
Several significant differences between the House budget plan and the Senate budget proposal are unlikely to be worked out before the July 1 beginning of the new fiscal year. ... Keep Reading
Senate Releases More Conservative Budget Plan
Senate Budget Spends Nearly $700M Less than House, Cuts Taxes, Issues No Debt, Sets More Aside for Rainy Day, Trims Cronyism The North Carolina Senate this week ... Keep Reading
Construction Crony: Raise Taxes to Benefit My Company!
At a conference in Winston-Salem last week, government officials and minority business owners discussed the issue of minority-owned businesses receiving a larger share of state ... Keep Reading
Bad Bill of the Week: 10 Reasons the House Budget is a Bad Bill
Late last week the North Carolina House passed its FY 2015-17 budget proposal. The spending plan would appropriate $22.16 billion in the coming year, an increase of 6.3 percent ... Keep Reading