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Diane Rufino has proposed a real remedy, based on the principles of federalism and nullification, to reign in federal spending.
Republican legislative leaders finally unveiled their proposed biennial state budget. (Geez, it's about time, folks.) The budget is now subject to votes by each legislative chamber and action by Governor McCrory.
Crediting budget reforms made by the recent session of the General Assembly, Gov. Pat McCrory announced on Thursday the acceleration of four major transportation projects, including the final leg of the eastern section of the Winston-Salem Northern Beltway, the Asheville Connector, The I-485 and Wed
Republican U.S. Sen. Thom Tillis talked Obamacare, energy policy, the federal budget, and the Export-Import Bank during a meeting with Americans for Prosperity activists during a luncheon Monday at the Langtree Plantation in Mooresville
A year ago, the sky was falling in North Carolina - fiscally speaking, I mean.
With budget negotiations still underway and a third Continuing Resolution that extends funding for essential services until September 18th, it is vital to keep focus on the importance of what the House conferees are advocating for in Raleigh.
NC may become the 5th state to call for a convention of states to draft a constitutional "balanced budget" amendment
This past week I had the pleasure of being invited to speak at Americans for Prosperity's annual event, the Defending the American Dream Summit. I spoke about Washington's power grab and how the growth of federal agencies is threatening our laboratories of democracy. Many of us know that...
North Carolina lawmakers still cannot agree to a final budget. The Senate saw difficulty in compromise, so they decided to move their economic development and Medicaid reform plans out of the budget and into stand-alone bills. Unfortunately, even with this change, the two chambers were unable to...
Guess what! Another budget extension has been passed by the General Assembly. Which means North Carolina is still without a spending plan for the current fiscal year. North Carolina's fiscal year began July 1st, with the state continuing operations under a temporary spending plan.
Republican legislative leaders finally unveiled their proposed biennial state budget. (Geez, it's about time, folks.) The budget is now subject to votes by each legislative chamber and action by Governor McCrory.
If you thought North Carolina was alone when it came to tardy budgets, think again. North Carolina joined Alabama and New Hampshire in passing budgets late last week. Now there are only two states left in the country without budgets, Illinois and Pennsylvania.
After an 80-day extension costing taxpayers well over $1 million, the North Carolina House and Senate chambers have finally reached a tentative budget agreement with a price tag of roughly $22 billion - a fiscally conservative budget considering that spending increased by only 3.1 percent which...
For those of us who have been fighting to eliminate solar and other renewable energy subsidies from the burden being born by North Carolina's taxpayers, the new state budget is very welcome. As of January 1, the 35 percent tax credit for renewables in general and solar in particular, by far the...
Colleges and universities are complex operations-often with billion-dollar budgets. The stakes are high: what happens on our campuses affects not only students but the society at large.
"'Bipartisan' usually means that a larger-than-usual deception is being carried out," comedian George Carlin once quipped. Perhaps, then, North Carolinians should be suspicious about the fact that the University of North Carolina system's president, a Democrat, and its Board of Governors...
The prime example of Tax Avoidance is Wal Mart. Their recent and best scheme yet is their new creation of Shell Corps in another Country which fosters Tax Hiding of Assets.
Governor Pat McCrory announced today that he has reached an agreement with Senate and House leaders on the spending amount for a revised state budget. At a morning breakfast meeting with the Governor at the Executive Mansion, House and Senate leadership agreed upon a budget spending amount...
The General Assembly on Wednesday approved a measure allowing state government to continue spending money through the end of the month while budget writers from both chambers continue to hammer out a compromise.
A new round of tax cuts in the $21.735 billion state budget for 2015-16 may prevent the state from lowering the corporate income tax rate to 3 percent in 2017 because tax collections are projected to be $74.7 million lower than a revenue target set two years ago.
State taxpayers will pay $400 million less over the next two years if lawmakers pass a $21.735 billion state budget deal announced Monday by legislative leaders. The 2016-17 state budget also expands the sales tax base to include more repair and service work to help offset the tax rate reductions.
Additional funding allocated in the state's two-year budget for the North Carolina Opportunity Scholarship Program could more than double the number of students taking advantage of vouchers to attend private schools by the 2016-17 school year.
After several major revisions, Medicaid reform that had delayed budget approvals during recent years passed the General Assembly on Tuesday. Gov. Pat McCrory on Wednesday signed the measure.
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 in North Carolina have attempted to seize upon this as an opportunity to criticize the state's 2013 tax cuts as a...
Likely North Carolina voters overwhelmingly favor a measure to restrain the growth rate of state spending. According to the April 2011 Civitas Institute poll, 67 percent of respondents support the ideas contained in HB 188 - which would limit the growth rate of the state budget to a formula based...
As budget negotiations for the long-overdue 2015 North Carolina state budget continue, the Civitas Institute would like to remind legislators and taxpayers about opportunities to save real money in the budget - which will enable negotiators to come to an agreement once and for all.
As budget negotiations for the long-overdue 2015 North Carolina state budget continue, the Civitas Institute would like to remind legislators and taxpayers about opportunities to save real money in the budget - which will enable negotiators to come to an agreement once and for all.
The FY 2015-16 North Carolina state budget has finally been finalized. Was it worth the wait? Rather than wading through 400 pages of text, you can read here about the ten most interesting and important aspects of the budget in this article.
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