Today's Durham Herald-Sun includes my piece discussing two items I believe should be at the top of state lawmakers' priority list. A slice: If the new majority is serious about ... Keep Reading
state debt
Just What NC State Government Needs – More Debt!
Tucked away in the 2010-11 state budget bill is the authorization of another $175 million in non-voter approved debt. The budget is on pace to be signed into law by Gov. Perdue by ... Keep Reading
N.C. Bill to Increase State Debt Moves Forward
Senate Bill 1378 was approved yesterday by the Senate Finance Committee, and is on the calendar for the Senate floor today. Amazingly, this bill would authorize more than $450 ... Keep Reading
More Money Woes for N.C.
North Carolina's true state debt burden stands at roughly $9.4 billion, about $4,000 for every NC family of four. Per capita state debt has more than doubled in eight years. The ... Keep Reading
State’s Credit Card Maxed Out, Bond Rating in Jeopardy
State Treasurer Janet Cowell's office yesterday released the 2010 Debt Affordability Study. The results are not pretty. Among the findings are: The state has "substantially ... Keep Reading
