balance sheet or statement of estimated receipts and expenditures
Balancing a state budget is an exercise in tradeoffs. Every dollar allocated to one priority is a dollar unavailable for another. Yet those tradeoffs are often difficult to see, buried…
In his recent budget proposal, Gov. Josh Stein recommended halting the scheduled reductions to personal and corporate income tax rates. Stein’s proposal stated that the recommendation was predicated on the…
“This could end very badly.” That’s the sentiment I pick up from discussions with parents, educators and policymakers frustrated with efforts by the N.C. House to slow-walk expansion of the…
Editors at National Review Online assess recent good news in the fight against the diversity, equity, and inclusion racket. The speaker of the Wisconsin assembly, Robin Vos (R.), has said…
Passing a series of mini-budgets for agreed-upon spending priorities would be a transparent way to implement spending on the bulk of government services
Did politicians learn their lesson from the Great Recession? It’s a question I pose in my latest piece at RealClearPolicy. Gov. Roy Cooper’s recent budget proposal would increase state spending by 18%. This shortsighted…
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General…
North Carolina’s decade of economic success deserves celebration. Even more so, however, it is worth applauding the important steps toward reform that state lawmakers have undertaken over the past decade. Limiting government…
Thanks to fiscally conservative policies of spending restraint and saving, state debt continues to trend downward as highlighted in the Debt Affordability Advisory Committee’s (the Committee) annual report submitted to the…
James Capretta writes for Real Clear Policy about another example of competition leading to improved results. The economists and statisticians who built and run the Penn Wharton Budget Model (PWBM)…
Judge David Lee recently and unexpectedly declared that the General Assembly is an unnamed defendant in the long-running Leandro case. The General Assembly has never been a party to the…
Focus on costs beyond tuition Tuition and fees in the UNC System make up only one-third of the total cost of attending a UNC university, according to today’s UNC Board…