Category Archives: Budgets

McCrory wants more freedom from Federal Government

Governor McCrory along with 24 other governors across the country sent a letter to Speaker John Boehner and Majority Leader Mitch McConnell today urging the 114th Congress to work actively to restore balance between the states and the federal government over the course of the session. A copy of the letter can be found here,Continue Reading

Taxpayer Bill of Rights, Also known as a TABOR…

Federal Highway Trust Fund Shortfall Projected in 2015, which means States may have to wait for their transportation funding

The Congressional Budget Office (CBO) released its latest projections for the Highway Trust Fund (HTF) accounts. CBO continues to project that revenues credited to the highway and transit accounts of the HTF will be insufficient to meet all of the fund’s obligations in fiscal 2015. At the start of the fiscal year, the highway accountContinue Reading

Budget Outlook for Federal Government

The Congressional Budget Office (CBO) in Washington D.C. released a report on the Budget and Economic Outlook for 2015-2025. The report estimates that the federal budget deficit will total $468 billion in fiscal 2014, which amounts to 2.6% of the nation’s GDP. According to the CBO, the deficit is projected to remain fairly stable asContinue Reading

Good news and bad news on federal deficits

James Antle of the Daily Caller probes the latest projections for the federal budget deficit. Barack Obama is ready to turn the page on the $1 trillion deficits that once defined his presidency. That’s easy for him to say — he’ll no longer be in office when everything blows up. Yes, Monday’s Congressional Budget OfficeContinue Reading

NC Debt has grown over the years

New Carolina Journal Online features

Dan Way reports for Carolina Journal Online that N.C. lawmakers are likely to debate targeted tax incentives again this year. Sarah Curry’s Daily Journal focuses on efforts to improve North Carolina’s state budget process.

Gallup: a third of NC teachers are engaged, 14 percent disengaged

Courtesy of Gallup Daily tracking.  Remember that, under the current compensation system, even disengaged teachers receive pay increases.