• John Locke Update

    Budget 2019: Extra Innings

    posted November 13, 2019 by Joseph Coletti
    The state budget battle has entered extra innings. Gov. Cooper signed and vetoed another batch of mini budgets, the ninth round of budget-related legislation since his first budget veto on…
  • John Locke Update

    Budget 2019: Mini Budgets Circumvent State Budget Staring Contest

    posted September 5, 2019 by Joseph Coletti
    Despite his protestations, Gov. Roy Cooper has signed three mini-budget bills passed unanimously by the General Assembly. Republican legislative leaders signaled their move to piecemeal budgeting in mid-August when they…
  • John Locke Update

    Budget 2019: Borrowing to Balance the Budget

    posted July 30, 2019 by Joseph Coletti
    In addition to questions of money and Medicaid, the budget stalemate raises a philosophical question: When is a balanced budget not a balanced budget? North Carolina’s state constitution and…
  • John Locke Update

    Budget 2019: A Consensus-Based Approach

    posted June 12, 2019 by Joseph Coletti
    Now that the House has officially rejected the Senate’s budget bill, the two chambers soon will begin conference negotiations to set a final budget that likely will be subject to a…
  • John Locke Update

    Budget 2019: Save It, Don’t Spend It

    posted May 22, 2019 by Joseph Coletti
    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…

debt by Author