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The $1.4 billion allocation for a non-profit called NCInnovation in the state Senate’s budget plan has raised some eyebrows. Given that this appropriation to the barely five-year-old non-profit organization would amount to nearly five percent of the entire state General Fund budget, it should.
Published: Sunday, July 16th, 2023 @ 1:45 pm
By: John Locke Foundation
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In 2013, the new Republican-led General Assembly took steps to foster economic growth by lowering the state’s corporate income tax rate. The corporate income tax is a burden that ultimately falls on workers.
Published: Thursday, May 11th, 2023 @ 2:23 pm
By: John Locke Foundation
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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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Updated Forecast Reflects Historic Opportunity to Continue Making Progress for all North Carolinians
Published: Saturday, February 18th, 2023 @ 8:45 am
By: Governor's Office
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With state revenue for the current fiscal year now projected to be $4.2 billion higher than originally predicted, state budget writers are sitting on a sizeable stack of funds.
Published: Monday, May 30th, 2022 @ 6:00 pm
By: John Locke Foundation
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Especially during an election season, taxpayers must be wary of calls to expand government
Published: Thursday, May 26th, 2022 @ 9:01 am
By: John Locke Foundation
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Conservative legislative leadership has held state spending growth in check over the last decade.
Published: Sunday, October 31st, 2021 @ 9:21 am
By: John Locke Foundation
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This nearly one-third reduction of state debt frees up the General Funds budget for other priorities, as annual debt service payments become less burdensome.
Published: Sunday, March 7th, 2021 @ 11:43 am
By: John Locke Foundation
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Leaders in the General Assembly and governor say they have reached a deal to ensure $30 million for the GREAT rural broadband program.
Published: Monday, December 14th, 2020 @ 9:11 am
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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Over the past decade school choice has expanded across North Carolina.
Published: Monday, August 31st, 2020 @ 3:19 pm
By: Civitas Insitute
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Difference Between Current Continuation Spending Plan and Cooper’s Own Budget Proposal Are Not LargeContrary to what many on Jones street – or breathless capital news reporters – would have you believe, there really is very little difference between Gov. Cooper’s FY 2019-20 budget proposal and the “unofficial” spending plan currently being executed.
Published: Tuesday, February 11th, 2020 @ 12:03 am
By: Civitas Insitute
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Senate leader Phil Berger, R-Rockingham, wants to throw a lifeline to as many as 20 rural hospitals that are headed toward insolvency.
Published: Monday, July 8th, 2019 @ 8:06 pm
By: Carolina Journal
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One reason teachers and state employees may not have seen the raises they wanted in recent years is that the government's cost for pensions and retiree health benefits has climbed from 8 percent of payroll 10 years ago to 19 percent of payroll this year
Published: Friday, July 27th, 2018 @ 1:58 pm
By: John Locke Foundation
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Today the North Carolina House Committee on the Rules, Calendar, and Operations of the House will consider House Bill 916 – North Carolina Health Plan
Published: Thursday, July 5th, 2018 @ 8:15 am
By: John Locke Foundation
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The recent legislative adjustments to North Carolina's 2018-19 state General Fund budget produced two main political controversies that we'll hear more about as we move through the campaign season to the November midterms
Published: Sunday, June 10th, 2018 @ 8:50 pm
By: John Locke Foundation
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The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
Published: Wednesday, June 6th, 2018 @ 6:30 pm
By: John Locke Foundation
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The $23.9 billion state General Fund budget for 2018-19 is a step away from being sent to Gov. Roy Cooper for his signature
Published: Sunday, June 3rd, 2018 @ 6:56 pm
By: John Locke Foundation
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The $23.9 billion state General Fund budget proposal reduces personal and corporate income taxes and increases education spending by nearly $700 million
Published: Friday, June 1st, 2018 @ 3:38 pm
By: John Locke Foundation
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Gov. Roy Cooper unveiled a $24.5 billion state General Fund budget for 2018-19 that freezes scheduled drops in corporate and some personal income tax rates
Published: Monday, May 14th, 2018 @ 9:19 am
By: John Locke Foundation
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Legislative Republicans and Democrats bristled at excuses Department of Health and Human Services officials gave Tuesday over their failure to create a mandated watchdog program
Published: Wednesday, January 24th, 2018 @ 4:57 pm
By: John Locke Foundation
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The North Carolina Senate's budget plan would increase state spending at half the rate proposed by Gov. Roy Cooper and include a tax cut package projected to save taxpayers $1 billion over its first two years of implementation
Published: Monday, May 29th, 2017 @ 1:46 pm
By: Civitas Insitute
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The $22.9 billion General Fund budget plan released Tuesday by Senate Republicans would increase spending over the two-year budget cycle by less than Democratic Gov. Roy Cooper’s plan would in its first year alone
Published: Friday, May 12th, 2017 @ 3:37 am
By: John Locke Foundation
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While North Carolina legislators and Gov. Roy Cooper haven't yet received the report on state income taxes paid or refunded by the April deadline, they shouldn't count on a positive "April surprise" to make fiscal decisions for them
Published: Wednesday, May 10th, 2017 @ 3:08 am
By: John Locke Foundation
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Here's a statement that North Carolinians of all political stripes can agree is a fact: Gov. Pat McCrory and the state legislature have enacted the largest tax cut in the history of North Carolina
Published: Wednesday, February 10th, 2016 @ 3:23 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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If you think government is too large and wields too much power, then you have plenty of reasons to be dismayed by recent national developments. But if you live in North Carolina, there is some good news mixed in with the bad.
Published: Tuesday, January 12th, 2016 @ 12:56 pm
By: John Locke Foundation
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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.
Published: Saturday, October 3rd, 2015 @ 4:40 pm
By: Civitas Insitute
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Unable to reach an agreement on a state General Fund budget, legislative leaders plan to extend their temporary budget continuing resolution until September 18...
Published: Friday, August 28th, 2015 @ 12:38 pm
By: John Locke Foundation
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The news that North Carolina's state General Fund budget revenue is now predicted to come in $400 million above original estimates caused the Left to go into full spin mode. For months, liberal progressives were fretting about the end of Western Civilization as we know it due to earlier...
Published: Saturday, May 9th, 2015 @ 3:20 am
By: Civitas Insitute
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State government in NC is "cut to the bone" say progressive liberals.
Published: Monday, September 1st, 2014 @ 1:25 am
By: Civitas Insitute
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Are teachers receiving a pay increase?
Published: Wednesday, August 6th, 2014 @ 8:20 pm
By: John Locke Foundation
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The proposed N.C. Senate budget plan would shift money away from lower priorities to meet the goal of raising public school teacher pay across the state. John Locke Foundation experts reviewing the $21.2 billion plan for 2014-15 like the Senate's focus on spending existing revenue more efficiently.
Published: Sunday, June 1st, 2014 @ 9:28 pm
By: John Locke Foundation
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