growth

Gov. Mike Easley has proposed an annual cap on the growth of state spending in North Carolina that would be tied to personal income growth. In considering the idea, lawmakers should examine recent data that show state spending caps to be effective particularly if they rebate excess revenues to taxpayers and enjoy constitutional, rather than just statutory, authority. Without a spending cap, it is likely that fiscal discipline will disappear as the state’s economy recovers.

RALEIGH — Policies associated with the “Smart Growth” movement would be disastrous for North Carolina communities, according to a new report released today by the John Locke Foundation. Smart Growth…

RALEIGH — North Carolina school districts and local officials should pursue new ways to build, renovate, and operate public schools to avoid tax increases, say the authors of a new…