state debt

Tax reform left a number of people receiving smaller refunds (or writing larger checks) this April because many taxpayers inadvertently had too little withheld from their paychecks. On the other…

A $700 million accounting change made the North Carolina House’s $23.9 General Fund budget difficult to compare with past budgets and with Gov. Roy Cooper’s spending proposal. The budget bill…

The North Carolina budget remains a work in progress even as the State House votes this week to approve its version and send it to their colleagues in the State…

Policymakers around the country look to North Carolina’s fiscal example to guide their quests for lower taxes. Restrained spending has made it possible for state government to tax less and…

The basics of North Carolina spending do not change much in Gov. Roy Cooper’s proposed budget. As in previous years, more than 85 percent of state tax dollars would…

With each step of the budget process, the lines become clearer in the battle over the future of North Carolina for state employees, taxpayers, and citizens. Will state policymakers have…

Let’s just be really clear about the Build NC Bonds proposal to borrow $3 billion for roads making its way, in different forms, through the North Carolina House and Senate:…

Each February, the State Treasurer’s Debt Affordability Advisory Committee preempts the hopefulness of Groundhog Day with the publication of the annual Debt Affordability Study, the committee’s reminder that state…

For all the talk of a fiscal crisis this year and the need to tighten the belt of state government, Gov. Jim Hunt's proposed adjustments to the FY 2000-01 budget would hike General Fund operating spending by nearly 7 percent, vastly increase state debt, and deplete state savings accounts for many years to come. The budget also contains many new items of questionable merit. North Carolinians should not be surprised to see sizable tax increases in the future as a result.