About: Sarah Curry

Sarah Curry

Sarah Curry is Director of Fiscal Policy Studies at the John Locke Foundation.

Recent Posts by Sarah Curry

Temporary fix for Highway Trust Fund

Yesterday the US House voted 367-55 to approve a short-term solution to the Highway Trust Fund funding obligations. The temporary fix the House approved will extend transportation programs through May 31, 2015. The bill transfers $10.8 billion from the US Treasury’s general fund into the Highway Trust Fund. The funds are accounted for through pensionContinue Reading

Senate Releases new Budget Compromise

The Senate had a conference committee meeting this afternoon where they rolled out their 7th proposal for a budget compromise. Both Senate and House conferees were present at the meeting. After a brief presentation of the spending items and the methodology behind their new figures, the meeting adjourned. The Senate lowered its Teacher Pay proposalContinue Reading

House Budget Meeting

This afternoon the House held a conference committee hearing on the budget negotiations. Rep. Nelson Dollar opened the meeting and began by outlining the items in controversy with the Senate: Teacher Pay Plan Education – Teacher Assistants Health and Human Services – Eligibility for certain Medicaid patients He then went through each of these itemsContinue Reading

Looking for something to cut in the budget, try the UNC System

In a year when legislators need to find extra cash to fill a hole in a growing Medicaid program and also give teachers a pay increase, there is one area of bloated government that has yet to be cut, and that is the University of North Carolina System. My friends at the Pope Center forContinue Reading

NC’s Electronic Cigarette Tax

Over the last decade, there has been increased use of electronic cigarettes or vapor products. Not surprisingly, this has caught the eye of legislators who are often on the look out for new and creative ways to extract revenues from the citizenry. In May, state legislators decided to change the existing tax code by placingContinue Reading

Budget Negotiations through Press Releases

Up until today the budget has been discussed, as it has been for decades, in a committee meeting or between legislators in their offices.  Today budget negotiations were communicated through press releases.  Yes, that’s right, press releases.  The House, Senate and even the Governor’s office have all weighed in on budget talks via press releasesContinue Reading

Happy Birthday IRS

Today the Internal Revenue Service is celebrating its 61st birthday.  The idea of the IRS is much older, dating back to 1862 when President Lincoln created a commissioner of Internal Revenue and enacted an income tax to pay war expenses.  The collection of income taxes began in 1913, but the agency as we know itContinue Reading

Government Waste Again

In 2010, the Dodd-Frank financial reform law was passed and the Consumer Financial Protection Bureau was created.  The funding for this bureau comes directly from the Federal Reserve and doesn’t have to go through the congressional appropriations process. The bureau is housed in a 36 year old building that used to be the home toContinue Reading

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