Daily Archives: June 20, 2012

NC budget addresses expiring federal bailout for Big Education

The continuation budget includes a quarter billion dollar increase in recurring spending on K-12 education. Nevertheless, left-wing pundits continue to claim that the level of public school funding in this year’s budget will be devastating, ruinous, disastrous, catastrophic, calamitous, cataclysmic, harmful, damaging, detrimental, deleterious, injurious, crippling, dangerous, baleful, destructive, bad, evil, malignant, malevolent, and pernicious. Continue Reading

First peak at the budget notes

The final budget document is still not available.  Here are some notes from the press conference: Teaching Fellows money out Eugenics compensation out $251 Million restored to education Tax credit for opportunity scholarships out but still in Education reform bill. Flexibility to move positions to hire probation officers Pathway to address Medicaid problems include. $275MContinue Reading

New at CJO: DOT official confirms he did not write controversial letter to lawmakers

Barry Smith reports for Carolina Journal Online about the testimony of top N.C. Department of Transportation official Jim Trogdon before a Senate Rules Committee inquiry into controversial DOT letters linked to toll road projects.

New AFP ad questions the president’s notion that the ‘private sector is doing fine’

Americans for Prosperity is launching a new ad campaign in North Carolina and other states that highlights the president’s assertion that the private sector is “doing fine.” “President Obama fiddles while our economy burns. As our new shows, the President is out of touch with the economic challenges facing taxpayers,” said AFP-NC State Director PresidentContinue Reading

A promotional video worth wathcing

New at CJO: Senate continues probe of controversial DOT letters

Barry Smith reports for Carolina Journal Online about the ongoing Senate Rules Committee inquiry into controversial DOT letters linked to funding for toll road projects.

Latest dispatches from the campaign trail, June 20, 2012

• Lt. Gov. Walter Dalton distanced himself from Gov. Bev Perdue, the Democrat he hopes to replace, issuing a letter saying that the administration’s attempt to doctor letters to get projects funded by the General Assembly is “no way to conduct business.”   • Rep. Mike McIntyre, D-7th, wins the N.C. Troopers Association “Legislator ofContinue Reading

Cato’s Tanner explains ‘austerity’ can work

The Cato Institute’s Michael Tanner devotes his latest National Review Online column to debunking myths about government austerity measures. Estonia had been one of the showcases for free-market economic policies and had been growing steadily until the 2008 economic crisis burst a debt-fueled property bubble, shut off credit flows, and curbed export demand, plunging theContinue Reading