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Thanks to fiscally conservative policies of spending restraint and saving, state debt continues to trend downward as highlighted in the Debt Affordability Advisory Committee’s (the Committee) annual report submitted to the Governor and General Assembly last week.
Published: Wednesday, February 23rd, 2022 @ 9:43 am
By: John Locke Foundation
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Combined General and Transportation Funds' Debt Service is Projected to Peak at 2.61% in FY 2023
Published: Friday, February 4th, 2022 @ 1:11 pm
By: Stan Deatherage
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North Carolina is a model for states looking to diffuse a looming debt crisis over unfunded health care benefits for state retirees, the Manhattan Institute says in a report.
Published: Tuesday, February 11th, 2020 @ 6:30 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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Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed. Here’s this week’s review
Published: Sunday, February 9th, 2020 @ 8:19 am
By: Carolina Journal
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Governor Cooper proposed a responsible bond to build new schools and update aging infrastructure
Published: Thursday, January 30th, 2020 @ 11:39 am
By: Governor's Office
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The state panel that determines how much money North Carolina can prudently borrow over the next 10 years rejected an appeal Wednesday by Gov. Roy Cooper's budget director to triple the state's debt ceiling from $2.03 billion to more than $6 billion.
Published: Sunday, March 10th, 2019 @ 2:36 pm
By: Carolina Journal
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A new debt affordability study for North Carolina could throw cold water on plans by the House and Gov. Roy Cooper to pass a nearly $2 billion bond for public school construction.
Published: Sunday, March 10th, 2019 @ 3:55 am
By: John Locke Foundation
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The N.C. Department of Transportation doesn’t have enough debt space to borrow the full $3 billion for local road and bridge construction promised in the Build NC Bond Act of 2018.
Published: Thursday, February 28th, 2019 @ 9:49 am
By: Carolina Journal
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North Carolina taxpayers will foot the bill for a $3 billion transportation bond and won’t have a say in being saddled with the debt if House Bill 1010 passes
Published: Tuesday, June 5th, 2018 @ 10:23 pm
By: John Locke Foundation
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Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state government resources are limited
Published: Tuesday, March 13th, 2018 @ 4:08 pm
By: John Locke Foundation
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While publicly lobbying for the $2 billion Connect NC bond referendum that will be on the March 15 ballot, Gov. Pat McCrory and members of his administration say the measure will be fiscally prudent, reducing state General Fund debt over the next five years.
Published: Wednesday, January 20th, 2016 @ 4:23 am
By: John Locke Foundation
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