A constitutional amendment to restrain spending would smooth out state spending over business cycles, and help avoid painful, unpredictable budget crises. Leading up to the ... Keep Reading
Perdue’s Budget Breaks Tax Promise, Nearly Doubles State Spending From 15 Years Ago
Gov. Perdue released her budget proposal earlier this week. Because of the daunting $2.4 billion deficit, Perdue’s recommendations were highly anticipated. Following is an overview ... Keep Reading
HB 137: How About a Zero-Thirds Bond?
In spite of North Carolina’s overwhelming public opposition to the state government issuing more state debt without voter approval, Rep. Bill Owens (D-Camden) seeks to do just ... Keep Reading
Get the Facts: Senate Bill 13
After being approved by both the state House and Senate, Senate Bill 13, the “Balanced Budget Act of 2011” now sits on Governor Perdue's desk awaiting either her approval to make ... Keep Reading
It’s Time to Link State Spending to Growth
The 2010 elections marked an historic transfer of power in North Carolina's General Assembly. The new Republican majority was swept in largely based on their promises of fiscal ... Keep Reading
Time to End Unauthorized State Debt
An overwhelming 77 percent of voters believe that the North Carolina General Assembly should not be allowed to borrow money without voter approval. In spite of such massive ... Keep Reading
Read Between the Lines: Perdue Lacking Clear Vision
The current $3.7 billion budget deficit facing North Carolina presents a golden opportunity to re-evaluate the size and scope of state government. Presented with this ... Keep Reading
State Spending Rose Most Quickly During Times of Little “Need”
In light of the continuing deep recession, much of the current debate surrounding North Carolina’s state budget deficit involves concern over the public’s demand ... Keep Reading
Tax Reform Not On Menu for New State Leadership
The new GOP leadership in North Carolina’s General Assembly will be facing many challenges this upcoming legislative session, the projected $3.2 billion budget gap being foremost ... Keep Reading
Budget Cuts in Perspective
Recent media reports have unveiled some of the state government agency spending reductions submitted to Gov. Perdue at her request. Predictably, the revelations prompted ... Keep Reading
