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The U.S. credit rating was given a negative outlook by Moody’s Investor Service in part due to the ballooning U.S. debt.
Published: Saturday, November 25th, 2023 @ 5:47 pm
By: Daily Wire
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The GOP-led House is trying to set a fiscally responsible example starting with its plan to offset $14.3 billion in aid for Israel by slashing the same amount of funds meant for the Internal Revenue Service (IRS), according to Speaker Mike Johnson (R-LA).
Published: Tuesday, November 21st, 2023 @ 12:29 am
By: Daily Wire
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Democratic Dallas Mayor Eric Johnson announced in a Wall Street Journal op-ed Friday that he will switch his party affiliation to Republican.
Published: Wednesday, September 27th, 2023 @ 11:50 pm
By: Daily Wire
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A Republican lawmaker argued on Tuesday in favor of making a play for spending cuts without “fear” of a government shutdown as the appropriations process ramps up.
Published: Saturday, August 12th, 2023 @ 8:28 pm
By: Daily Wire
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Ten years ago, in July of 2013, the Republican-led General Assembly enacted historic tax reforms. Perhaps most notably, lawmakers overhauled the state’s personal income tax, moving from a progressive multi-tiered structure to a flat, simple rate.
Published: Sunday, May 7th, 2023 @ 10:13 am
By: John Locke Foundation
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General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year
Published: Monday, March 20th, 2023 @ 2:57 am
By: John Locke Foundation
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Government Spending is the True Tax
Published: Wednesday, March 8th, 2023 @ 12:11 pm
By: John Locke Foundation
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The Consumer Price Index (CPI) rose 0.5% in January after falling 0.1% in December, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.4%.
Published: Sunday, February 26th, 2023 @ 9:26 am
By: John Locke Foundation
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North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade.
Published: Thursday, January 26th, 2023 @ 9:05 am
By: John Locke Foundation
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The Consumer Price Index (CPI) fell 0.1% in December after increasing 0.1% in November, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.5%. Core inflation, which excludes volatile energy and food prices, rose 5.7% on an annual basis.
Published: Saturday, January 21st, 2023 @ 12:50 pm
By: John Locke Foundation
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North Carolina’s state government revenues continue to exceed expectations. According to the new state budget Director Kristen Walker, revenues for the current fiscal year that began July 1 are 10% higher than expected, as reported by the Associated Press.
Published: Saturday, December 31st, 2022 @ 7:54 am
By: John Locke Foundation
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Bolstering the Case for a Taxpayer Bill of Rights
Published: Wednesday, November 23rd, 2022 @ 1:37 am
By: John Locke Foundation
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Inflation continues to ravage household budgets. According to the latest release from the Bureau of Labor Statistics, the Consumer Price Index rose 8.5% over the last year.
Published: Tuesday, August 16th, 2022 @ 8:41 am
By: John Locke Foundation
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Lower income taxes allow people to keep more of their hard-earned money and spend it on their needs
Published: Sunday, August 14th, 2022 @ 11:29 am
By: John Locke Foundation
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Consumer prices increased 1.3% on a seasonally adjusted basis in June, according to the latest data released by the Bureau of Labor Statistics.
Published: Thursday, July 21st, 2022 @ 3:24 pm
By: John Locke Foundation
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As we enter July of 2022, Americans all over the country will begin their July 4th preparations. They will soon be confronted once again with the harsh reality of elevated prices due to continuing inflation.
Published: Monday, July 18th, 2022 @ 2:57 am
By: John Locke Foundation
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Instead, Honor Taxpayers and Emphasize Long-Term Sustainability
Published: Friday, July 8th, 2022 @ 9:03 pm
By: John Locke Foundation
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Last week Congress passed H.R. 2471, a $1.5 trillion spending omnibus package to fund the government through September. It was loaded with earmarks costing $9.7 billion.
Published: Wednesday, March 23rd, 2022 @ 10:25 am
By: John Locke Foundation
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Recently the John Locke Foundation team met with candidates running for local office. We highlighted critical principles for local government’s fiscal health and sustainability.
Published: Wednesday, March 2nd, 2022 @ 1:48 am
By: John Locke Foundation
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The 2021 session of the General Assembly began in January, as the world was entering its second year of the pandemic. The hope was the COVID fog would lift, allowing a return to normalcy, at least in a relative sense, and that lawmakers could go about business as usual.
Published: Tuesday, February 15th, 2022 @ 3:11 am
By: Carolina Journal
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Nebraska passes resolution
Published: Saturday, January 29th, 2022 @ 10:55 am
By: Countrygirl1411
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In psychology, a Rorschach test is one in which the patient is presented with a series of inkblot images
Published: Thursday, October 21st, 2021 @ 8:25 pm
By: John Locke Foundation
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Patrick Gleason of Americans for Tax Reform cites North Carolina in his latest Forbes column.
Published: Thursday, June 10th, 2021 @ 5:22 am
By: John Locke Foundation
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Overall spending growth will be below GOP's self-imposed spending limitation of population plus inflation increases
Published: Tuesday, June 8th, 2021 @ 8:40 pm
By: Carolina Journal
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It’s hard to get away from an object that’s sticky.
Published: Thursday, May 6th, 2021 @ 3:11 am
By: Carolina Journal
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Remarks by President Biden on the State of the Economy and the Need for the American Rescue Plan
Published: Tuesday, February 9th, 2021 @ 9:33 am
By: Stan Deatherage
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The intellectual forces that have driven three decades of freedom-forward research and policy reforms in North Carolina will merge their capabilities, ensuring that North Carolinians' liberties are robustly defended and advanced as we enter this next decade.
Published: Monday, January 4th, 2021 @ 6:54 pm
By: Civitas Insitute
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North Carolina think tanks join forces, creating the southeast’s most powerful voice for personal and economic freedom
Published: Thursday, December 10th, 2020 @ 12:12 pm
By: Carolina Journal
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A decade of fiscal responsibility and sustainable government could be squandered unless North Carolina taxpayers build some financial guardrails in the state constitution.
Published: Sunday, December 6th, 2020 @ 9:00 am
By: Carolina Journal
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The vast majority of conservatives accept that government can and should intervene in private affairs when required to protect the rights to life, liberty, and property.
Published: Friday, November 27th, 2020 @ 8:48 am
By: Carolina Journal
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For almost a decade, North Carolina has benefited from the fiscal conservatism of our General Assembly.
Published: Friday, November 13th, 2020 @ 6:26 pm
By: John Locke Foundation
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State Rep. Deb Butler’s epic September 11 outburst on the floor of the General Assembly is a reminder— to some at least—that North Carolina is governed in a perpetual state of chaos.
Published: Wednesday, December 18th, 2019 @ 6:50 pm
By: Civitas Insitute
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Do most voters want government to get bigger or smaller? This seemingly simple question obscures a range of complexities.
Published: Friday, June 21st, 2019 @ 11:40 am
By: Carolina Journal
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Today Joe Anne Jones, wife of former Congressman Walter Jones, joined Dr. Joan Perry, Republican candidate for Congress, at a press conference to discuss the Special Election to fill her husband's seat in Congress.
Published: Thursday, June 20th, 2019 @ 3:34 pm
By: Stan Deatherage
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