Acquire debt or pay-as-you-go? It’s a question that state lawmakers and Gov. Roy Cooper are wrestling with over building North Carolina schools. Gov. Cooper prefers to use a school bond and acquire new debt to build schools. Legislative leaders prefer the alternative – to avoid debt and use the pay-as-you-go model. To do this, legislators propose using the State Capital and Infrastructure Fund (SCIF). North Carolina House Rep. Dean Arp of Union County joins the John Locke Foundation to discuss how the SCIF could lead to schools coming on line faster and at a less expensive cost.
https://www.facebook.com/johnlockefoundation/videos/460712621435153/