• John Locke Update

    Strategy and Steps For Recovering From Hurricane Florence

    posted November 29, 2018 by Joseph Coletti
    Nobody knows when a hurricane or a recession will hit North Carolina, but everybody knows they will. State legislators kept spending in check and built up a $2 billion Savings…
  • Research Report

    State Made Its Fiscal Bed: Escalating Budgets Imperiled Finances Before Floyd

    posted December 27, 2001 by John Hood
    Responding to Gov. Jim Hunt's call for $830 million in emergency hurricane relief, state lawmakers have nearly drained the state's rainy day fund. Calls for state tax hikes or a new borrowing binge have only been put off until the 2000 legislative session. But state leaders have no one to blame for the coming budget crisis but themselves. As national data reveal, North Carolina has hiked spending far more rapidly than the average state with little regard for the long-term impact.

emergency hurricane relief by Author