Budgets (page 248)

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    The ripple effects from the debt-limit debate

    Kevin D. Williamson‘s latest National Review Online column looks beyond the politics of the debt-limit debate to examine who would suffer if the federal government’s credit rating takes a hit. In addition to banks and insurance companies, Williamson identifies some other losers: State and…
    Mitch Kokai, July 20, 2011
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    More on the Manning mess

    Apparently, my discussion of Judge Howard Manning’s court order generated some misunderstanding.  So here are a few additional thoughts: 1. I do not condone judicial activism, even when the judge is a Republican like Manning.  I think I have made that clear.  Thus, I am (and will never…
    Terry Stoops, July 19, 2011
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    York examines the Republicans’ next step in the debt-limit debate

    Byron York‘s latest Washington Examiner article spells out Republican congressional leaders’ likely response to the latest news in the federal debt-limit debate. Republican leaders believe they can win the battle on taxes because, however the debt fight turns out, voters will evaluate them based…
    Mitch Kokai, July 19, 2011
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    Steyn outlines a key problem with solving the federal government’s debt crisis

    It’s clear that government leaders deserve much of the blame for the overspending that has caused our government’s fiscal problems. But Mark Steyn notes in his latest “Happy Warrior” column for National Review that the official class is not alone in ignoring the problem.
    Mitch Kokai, July 19, 2011
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    New Carolina Journal Online features

    David Bass’ latest Carolina Journal Online report details N.C. House leaders’ efforts to round up enough votes to override a veto on the Woman’s Right to Know abortion bill. John Hood’s Daily Journal spells out three key lessons from the federal debt-limit debate.
    Mitch Kokai, July 19, 2011
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    Judge Manning speaketh

    Here we go again. Judge Howard Manning, who oversees the Leandro school-adequacy lawsuit, issued an order that requires the NC General Assembly to revise a budget provision that caps at-risk student enrollment in state pre-kindergarten programs at 20 percent. This is a HUGE blow to the Leandro plaintiffs, who…
    Terry Stoops, July 18, 2011
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    TIME writers have consumed the debt-limit Kool-Aid

    In an article designed to paint President Obama and House Speaker John Boehner’s proposed debt-limit deal as a reasonable compromise, TIME’s Jay Newton-Small and Michael Scherer demonstrate that they’ve bought into the White House line on the available options: Lawmakers must work out a package of…
    Mitch Kokai, July 18, 2011
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    New Carolina Journal Online features

    Sara Burrows’ latest Carolina Journal Online report focuses on Raleigh’s consideration of new city food truck rules. John Hood’s Daily Journal examines the drama associated with the federal debt-limit debate.
    Mitch Kokai, July 18, 2011