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A 'plague' on North Carolina's financial future

Posted by Mitch Kokai at 2:45 PM

"Plague" is the word Rep. Dale Folwell, R-Forsyth, uses to describe North Carolina's $28 billion unfunded liability for the State Health Plan.

Folwell described the problems connected with that liability during a lunchtime presentation to the John Locke Foundation's Shaftesbury Society. In the video clip below, Folwell describes one potential solution: changing the operating calendar for the Health Plan from a fiscal year (July to June) to the calendar year.

3:45 p.m. update: Watch the full 55:35 recording by clicking the play button below.

You'll find other John Locke Foundation video presentations here.

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