Budgets

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    The long-term challenge of federal debt

    Gene Epstein of Barron’s explains why it won’t be easy to erase the federal government’s debt. Those who deny that soaring debt can ever be a worry for the U.S. often point out that this debt is denominated in the same U.S. dollars the Fed has the ability…
    Mitch Kokai, October 23, 2017
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    Trying to make a dent in federal budget deficits

    Kevin Williamson of National Review Online explains major challenges linked to plans to fix the federal budget. Getting fiscal policy right is — should be — a top-tier priority. But the congressional budget committees are, strangely enough, a frustrating base of operations for doing that. The problem for…
    Mitch Kokai, October 17, 2017
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    State auditor Wood details role as taxpayers’ watchdog

    The state auditor’s office works to ensure that state agencies are spending $43 billion in annual taxpayer funding appropriately. Auditor Beth Wood explained how during a presentation to the John Locke Foundation’s Shaftesbury Society.
    Mitch Kokai, October 16, 2017
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    Profiting off connections is expensive

    Federal income taxes get more complicated as people earn more. Do some independent work and you have to estimate your taxes, and file a Section C and a Section SE. Put money in or use money from a Health Savings Account, file more forms. Earn money from your investments, file another form…
    Joseph Coletti, October 9, 2017
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    Coletti offers warning about N.C. government’s finances

    North Carolina state government has seen budget surpluses in recent years, but Joe Coletti offers a warning about the future budget picture during this weekend’s edition of Carolina Journal Radio. Here’s a preview.
    Mitch Kokai, October 6, 2017
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    This weekend on Carolina Journal Radio

    Guilford County commissioners have expressed concerns, but that didn’t stop High Point officials from moving forward with plans to build a taxpayer-funded downtown baseball stadium. Julie Tisdale assesses recent developments in the baseball debate during the next edition of Carolina Journal Radio. Joseph Coletti explains why…
    Mitch Kokai, October 6, 2017
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    Your tax dollars at work: Latino grocery shopping edition

    Elizabeth Harrington of the Washington Free Beacon details an unusual taxpayer-funded anti-obesity measure. The National Institutes of Health is spending over $400,000 on a study tracking the eye movements of Latinos and their children at grocery stores in a bid to fight obesity. The study at San Diego…
    Mitch Kokai, September 28, 2017
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    Budget before tax reform

    Mattie Dupler Springer of the National Taxpayers Union would like to see Congress pass a budget before tackling tax reform. She explains why in a Washington Examiner column. This week, all eyes in Washington are focused on the Big Six and the release of their tax reform framework.
    Mitch Kokai, September 26, 2017