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The Federal Reserve announced an increase in interest rates Wednesday afternoon, boosting the cost of borrowing money by 0.75%, the largest increase in a single meeting in nearly 30 years.
Published: Sunday, June 26th, 2022 @ 3:23 pm
By: Carolina Journal
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What happens when China wants their money back?
Published: Thursday, May 19th, 2022 @ 10:02 am
By: Countrygirl1411
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Beaufort County Commissioners split 3 to 3 on a resolution setting county policy that no major borrowing would be done without a vote of the citizens in a bond referendum.
Published: Sunday, January 16th, 2022 @ 4:35 pm
By: Stan Deatherage
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Now that Democrats control the White House and both chambers of Congress (however narrowly), they will probably approve a new round of federal borrowing to bail out state and local governments with shaky finances.
Published: Tuesday, January 26th, 2021 @ 7:53 am
By: Carolina Journal
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North Carolina should avoid borrowing billions, even though the state’s “credit card limit,” a recent study says, is more than $11 billion over the next decade.
Published: Monday, February 10th, 2020 @ 12:44 pm
By: Carolina Journal
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Now that North Carolina knows how much it can borrow, politicians are arguing about how much the state should borrow.
Published: Sunday, February 9th, 2020 @ 3:03 pm
By: Carolina Journal
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Despite repeated stern warnings from state Treasurer Dale Folwell, legislation adding $3 billion in state debt for unspecified transportation projects flew through House and Senate committees with bipartisan support
Published: Friday, June 15th, 2018 @ 10:54 pm
By: John Locke Foundation
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A House committee has proposed a $3 billion transportation bond, but state Treasurer Dale Folwell urges lawmakers to put the massive borrowing to a voter referendum if they proceed
Published: Thursday, May 24th, 2018 @ 11:44 am
By: John Locke Foundation
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Gov. Roy Cooper has proposed borrowing $350.7 million for state government structures and buildings in the University of North Carolina system
Published: Wednesday, March 15th, 2017 @ 10:55 am
By: John Locke Foundation
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North Carolina is one of only a handful of states that enjoy the highest credit ratings from all the major bond-rating agencies.
Published: Thursday, January 7th, 2016 @ 11:21 am
By: John Locke Foundation
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House leaders unveiled portions of a $2.85 billion bond package at a Monday press conference, arguing that borrowing the money now to pay for projects would take advantage of low interest rates and likely avert anticipated increases in construction costs over time
Published: Monday, August 10th, 2015 @ 12:54 pm
By: John Locke Foundation
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The states could put a stake through the heart of America's "fundamental problem" of unlimited borrowing capacity that has created nearly $18 trillion in national debt by adopting a balanced budget amendment
Published: Monday, December 29th, 2014 @ 11:59 am
By: John Locke Foundation
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The Executive Committee of the Beaufort County Republican Party has adopted a resolution calling on the Beaufort County Commission to hold a referendum on any borrowing on a new jail, calling citizen referendum on major public borrowing "a fundamental voting right".
Published: Monday, October 21st, 2013 @ 3:09 pm
By: Keith D Kidwell
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Today was a "red letter day" in North Carolina. The N. C. Senate passed S 129, a bill entitled "Limit State Facilities Finance Act." The vote was 47 for and 1 against. It was co-sponsored by Bill Cook, along with 5 other senators.
Published: Monday, May 6th, 2013 @ 6:21 pm
By: Beaufort Observer Editorial Team
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A deputy to state treasurer Janet Cowell is warning that efforts to take Charlotte Douglas International Airport away from the City of Charlotte and have it run by a new regional authority could have negative consequences on the state's borrowing power.
Published: Wednesday, March 27th, 2013 @ 6:26 pm
By: Brant Clifton
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