Category Archives: Budgets

Does the media care about boomerang teachers?

We’ve heard countless reports of teachers who flee North Carolina public schools for higher pay. But some of these teachers return to North Carolina after finding that public schools in their destination states were less than ideal.  These “boomerang” teachers rarely receive the kind of attention that their departing counterparts do, but they have anContinue Reading

The national dilemma of debt

Former Houston mayor and former U.S. deputy energy secretary Bill White explores in a Barron’s column the disconnect between the federal government’s revenue stream and its spending commitments. The permanent hole in the federal-funds budget has become more obvious since the end of U.S. combat in Iraq and the reduction of most recession-related programs. AccordingContinue Reading

Barron’s ‘Economic Beat’ columnist highlights warning about growing U.S. debt

Gene Epstein of Barron’s devotes his latest “Economic Beat” column to analysis of the nonpartisan Congressional Budget Office’s latest long-term budget outlook. Federal debt held by the public as a share of nominal gross domestic product, currently 74%, is projected to rise over the next 10 years. But it won’t be until the mid-2020s thatContinue Reading

Common Core’s $66+ million price tag

The N.C. Department of Public Instruction (DPI) revealed that the state spent at least $66 million on the implementation of the Common Core State Standards. For the past few years, Lt. Governor Dan Forest and others asked DPI to provide an estimate of taxpayer money used for Common Core implementation.  They never received it.  NowContinue Reading

Rep. Tim Moore files July 25 sine die resolution

Is there light at the end of the tunnel? Maybe. Rep. Tim Moore, R-Cleveland, and chairman of the House Rules Committee has filed a July 25 sine die resolution. That, the approval of a Common Core repeal bill acceptable to Gov. Pat McCrory, and a bit of a break in the budget deadlock indicate thatContinue Reading

AFP: Trade N.C. film incentives funding for more opportunity scholarships

Americans for Prosperity has unveiled a new idea for boosting funding for North Carolina’s opportunity scholarship program. From an AFP news release: RALEIGH – With the state budget in deadlock, Americans for Prosperity urged Governor Pat McCrory and the General Assembly to put an end to expensive special interest subsidies to Hollywood film companies, andContinue 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

If you think the N.C. budget process is bad …

Put things in proper perspective by reading Romina Boccia‘s latest article for the Daily Signal about federal budget negotiations. Last week, Senate Appropriations Chair Barbara A. Mikulski, D-Md., signaled her chamber already has begun to lay the groundwork for an omnibus budget bill in September, CQ Roll Call reports. Instead of debating on their ownContinue Reading