Budgets

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    State to sell prime real estate in Raleigh

    Employees at the Division of Employment Security, which is responsible for unemployment insurance, can walk by the rooms where they were born. The building housed Rex Hospital until 1980, when the hospital moved across town. A new request for proposals for office space tipped off Triangle Business Journal that…
    Joseph Coletti, October 18, 2018
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    Daily Journal: State’s fiscal health depends on more than just one politician

    Carolina Journal reported last week that North Carolina now holds a No. 9 ranking in the country for it’s fiscal health, from the free-market Mercatus Center at George Mason University. From John Locke Foundation’s Mitch Kokai: The overall ranking attracted attention from Senate leader Phil Berger, R-Rockingham,…
    Anna Manning, October 16, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on Raleigh’s adoption of new regulations for Airbnb and similar short-term rentals. The Daily Journal asks how a state with the nation’s 9th-best fiscal health can have a governor who gets a grade of F for fiscal policies.
    Mitch Kokai, October 16, 2018
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    Look beyond the headlines, and the Mercatus Center rankings highlight disturbing news

    Veronique de Rugy explains at Reason.com why the latest Mercatus Center ranking of states’ fiscal health raises serious concerns. [T]he study’s most important finding is that being at the top makes you healthier than others by comparison but not necessarily healthy overall. In fact, the authors show…
    Mitch Kokai, October 15, 2018
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    Governments and private-sector accounting standards

    Matthew Klein argues for Barron’s that governments need to adopt stricter accounting standards. Governments hide what they owe and ignore what they own. Current practice “misses large swaths of government activity” and encourages “illusory fiscal practices,” the International Monetary Fund notes in its latest Fiscal Monitor report, which…
    Mitch Kokai, October 15, 2018
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    New Carolina Journal Online features

    Dan Way reports for Carolina Journal Online on Gov. Roy Cooper’s request that lawmakers fund a $750 million “down payment” on hurricane relief. John Trump’s Daily Journal explains why riders’ behavior will help determine whether N.C. cities crack down on electric scooters.
    Mitch Kokai, October 11, 2018
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online on new reports that rank North Carolina No. 9 among the states for fiscal health while giving Gov. Roy Cooper an F grade for his fiscal policies. John Hood’s Daily Journal examines history for clues about likely outcomes in North Carolina’s…
    Mitch Kokai, October 10, 2018
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    Mercatus ranks N.C. No. 9 in fiscal condition

    North Carolina ranks ninth among the 50 states in its fiscal condition, according to the Mercatus Center at George Mason University. Only Tennessee and Florida rank higher among the Southeastern states. On the basis of its solvency in five separate categories, North Carolina ranks 9th among the US states…
    Mitch Kokai, October 9, 2018