• Research Report

    Senate Budget Gimmicks: Fiscal irresponsibility tour moves to House

    posted May 31, 2010 by Joseph Coletti
    A bipartisan majority passed (30-16) a gimmick-laden budget that would increase spending by $100 million over the current budget plan and $900 million more than actual spending in fiscal year 2009. The budget relies on $3 billion in one-time fixes, including $1.6 billion in federal stimulus funds and more than $1.2 billion in temporary tax hikes.
  • Research Report

    The Economic Impact of North Carolina’s Renewable Energy and Energy Efficiency Portfolio Standard

    posted August 2, 2009 by David Tuerck, Paul Bachmann, and Michael Head
    In 2007, the passage of Senate Bill 3 (SB 3) in North Carolina required that all of the state's public electric utilities increase the percentage of electricity generated from new renewable energy sources. The Beacon Hill Institute in conjunction with the John Locke Foundation has set out to estimate the costs and benefits of SB 3 and its impact on the state's economy.
  • Press Release

    Senate moves forward with ‘irresponsible’ budget plan

    posted April 7, 2009
    RALEIGH — North Carolina lawmakers should reject many ideas now included in the state Senate’s budget plan, if they want a responsible blueprint for state government spending. That’s the assessment…
  • Research Report

    Budget Progress and Regress: Better budget ideas from N.C. Senate, but a worse budget

    posted June 22, 2008 by Joseph Coletti
    The North Carolina Senate approved $21.2 billion in appropriations for operating expenses in fiscal year (FY) 2009, which would be a 3.9 percent increase from FY 2008, which ends June 30. Senators would add $135 million in capital spending and $672 million in debt that would not face voter approval. Total appropriations would be 3.4 percent higher than in FY 2008.
  • Press Release

    JLF analyst sees need for state budget pruning

    posted June 18, 2008
    RALEIGH – Final state budget negotiations could produce a document that’s more fiscally responsible than either the House or Senate budget plans, according to analysis by a John Locke…
  • Press Release

    Final budget should stress fiscal responsibility

    posted June 21, 2007
    RALEIGH – Legislators can adopt a final budget that’s more fiscally responsible than existing House and Senate plans, according to a new John Locke Foundation Spotlight report. Click…

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