How bad is America's national debt? Last week Freedom Works posted a nice graph that encapsulates the severity of this nation's problem. It's posted below. And by the way, those ... Keep Reading
deficit
It’s the Spending, Stupid
In this new video (just under 3 minutes in length) made by the Learn Liberty project of the Institute for Humane Studies, economist Antony Davies breaks down the national debt and ... Keep Reading
DC Addicts Get Another Fix
Like the addicts they are, the federal government didn't waste any time getting another fix of deficit spending. U.S. debt shot up $239 billion on Tuesday — the largest one-day ... Keep Reading
CBO Report Reveals Voter Irrationality
The most recent CBO Report exposes the political irrationality of the American electorate. Their projections show federal debt as a share of GDP will hit 109% in 2021 and 190% in ... Keep Reading
Senate Bill Takes Action to Reduce State Budget
The Balanced Budget Act of 2011 (S13), filed last night, would give the governor power to take "all action necessary to reduce General Fund expenditures for the remainder of fiscal ... Keep Reading
CBO Report Shows ObamaCare Will Cause Massive Future Budget Deficit
The Congressional Budget Office (CBO) released its new 10 year baseline, which shows “daunting economic and budgetary challenges” facing the United States. Without change, the ... Keep Reading
New Survey Reveals NC’s Budget Deficit Among Nation’s Worst
Courtesy of this report from WRAL North Carolina will face one of the largest state deficits in the country next year, according to a new report. The National Conference of ... Keep Reading
Governor Perdue Should Apologize for Budget
Apparently Governor Perdue has been misled about the direction that this year’s budget will take North Carolina. The N&O reports that today, surrounded by school children ... Keep Reading
UNC History Professor Needs an Economics Lesson
A UNC-Chapel Hill history professor decided to weigh in on the economy in yesterday's N&O. In so doing, he proves that he should stick to history because he displays an ... Keep Reading
Bill Introduced to Eliminate 25 State Aircraft
Reps. Jim Crawford (D-Granville), Nelson Cole (D-Rockingham), and Larry Hall (D-Durham) are the primary sponsors of HB1823 entitled “Sell Underutilized State Aircraft.” The bill ... Keep Reading
