Category Archives: Federal deficit

NC needs to tell the federal government, “Thanks, but NO THANKS!”

Many of us know that Washington bureaucrats are out of control, but what many of us don’t think about are the impacts this has on states. For example, lets take a look at North Carolina’s budget.  The total budget is around $50 billion, yet the General Fund is around $21 billion.  The Highway and HighwayContinue Reading

Nice work if you can get it

Elizabeth Harrington of the Washington Free Beacon devotes another report to one of the federal government’s dedicated public servants. Taxpayers paid a government worker at the U.S. Patent Office to play golf and pool, according to an investigation by the Commerce Department’s Office of Inspector General (OIG) that found nearly half of the employee’s billedContinue Reading

Another federal government scheme to ‘create jobs’

Elizabeth Harrington of the Washington Free Beacon shines light on one federal department’s questionable efforts to create jobs. The U.S. Department of Agriculture (USDA) says it is creating jobs by spending millions on snowmobiles, fire trucks, studying a “gluten-free mill,” and other local initiatives. The federal agency announced $18.1 million in loans and grants lastContinue Reading

Medicaid is the largest piece of the federal funds pie in State Expenditures

In fiscal 2014, Medicaid comprised 51 percent of all federal funds to states, according to NASBO’s State Expenditure Report, released in November 2014. This marked the first time in the 27-year history of the State Expenditure Report that Medicaid represented over half of all federal funds to states. Medicaid as a percentage of all federalContinue Reading

Balanced budget compact gets a boost in N.C. House committee

A measure to add North Carolina to the list of states seeking a compact for a federal balanced budget amendment is moving through the state House. Compact for America’s Nick Dranias discussed the need for a balanced budget amendment during a 2014 presentation for the John Locke Foundation and in an interview with Carolina JournalContinue Reading

Barron’s editorial page editor assesses 50-year-old Great Society programs

Thomas Donlan of Barron’s says the 50th birthday of Medicare and Medicaid offers a good opportunity to examine the two programs’ health. From modest beginnings in 1965, M&M have grown to account for more than a third of all U.S. health spending. Gross spending on Medicare in 2015 is expected to total $634 billion, thoughContinue Reading

Too many federal government programs to list

Kathryn Watson of the Daily Caller reports skeptical reactions among congressional Republicans, including North Carolina’s Mark Meadows, to reports that the federal government needs years to compile a list of all of its programs. It will take the government two years just to list all federal programs and that’s “not a way to run aContinue Reading

NC transportation bonds as reaction to Feds inability to pay promised Transportation $

McCrory was a quoted governor on the transportation funding problem in Washington D.C. and how it will effect the states. “Once you start reacting to growth as opposed to preparing for growth, you’ve waited too long,” said North Carolina Governor Pat McCrory, a Republican who is proposing a $2.8 billion bond package for the NovemberContinue Reading