Displaying items by tag: spending

The subject of inflation has been on many tongues in the public policy world of late — especially as Republican politicians comb every nook and cranny of the news cycle for topics with which to launch broadsides at the Biden administration.

Published in Opinion
Monday, 20 December 2021 10:44

OPINION: Got to pick a pocket?

Did Fagin’s pickpockets stimulate the economy of London?

Published in Opinion
Monday, 06 December 2021 13:45

OPINION: How the spending spree will end

Can I let you in on a not-so-little secret? The Democrats in Washington don’t really mean it. The Republicans don’t, either.

Published in Opinion

Most lawmakers in Washington no longer even pretend to care about federal spending and our debt crisis. The spending binge these days not only signals a collapse of serious statesmanship but highlights our broken federal government. Six major candidates are vying to be the next U.S. senator in North Carolina, and any unwillingness to tackle the obscene spending should be an automatic disqualifier by voters.

Published in Opinion
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In 1954, Congress passed, and President Dwight D. Eisenhower signed, a bill transforming Armistice Day — Nov. 11, a post-World-War I celebration of peace — into Veterans Day,  a celebration of warriors.

Published in Opinion

RALEIGH — The N.C. Department of Transportation continues to be under the watchful eye of the state auditor, who in a report released this week says that department failed to exceed its developed spending plan only by pure luck.

Published in Local News
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RALEIGH — State Senate leaders will propose spending $3 billion over the next two years on capital and infrastructure projects. That money is part of a larger 10-year, $12 billion “cash” plan tied to the Senate’s budget.

Published in Local News

RALEIGH — North Carolina has collected more than $6 billion in state taxes than was originally forecast in May 2020 by state economists. That’s the finding of a report presented to members of the Joint Full Chairs Appropriations Finance Committee by the nonpartisan Fiscal Research Division at the General Assembly and the Office of State Budget and Management.

Published in Local News

RALEIGH — With the end of the state’s fiscal year just three weeks away, the N.C. House and Senate have reached a deal for the next budget. After weeks of closed negotiations, N.C. Senate and House leaders have agreed to a top-line spending number of $25.7 billion in the first year and $26.7 in the second year. That’s a spending increase of 3.45% in the first year of the biennium and 3.65% in year two.

Published in Local News

RALEIGH — With one month to go before the end of the fiscal year, at the General Assembly lawmakers are hammering out how to budget more than $25 billion in the next state spending plan. Republican leaders in the House and Senate have already agreed to spend significantly less than budget priorities submitted by Gov. Roy Cooper in March.

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