Budgets (page 253)

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    If North Carolina had a ‘tax-me-more’ fund …

    … as Joe Coletti and some like-minded legislators have advocated, those who fear the new state budget will lead to the disappearance of the state’s “most beloved, valuable public structures” could devote more of their own money to maintaining those structures. Instead they plan to hold…
    Mitch Kokai, June 15, 2011
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    Bev uses veto to raise money for her campaign

    The ink is not even dry on the governor’s veto of the state budget (that is fiscally responsible, does not raise taxes and puts education money in the classroom) and she’s….you guessed it…..using it to raise money for her re-election campaign.  Unbelievable! Here’s her email in case you didn’t get…
    Becki Gray, June 13, 2011
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    Coburn on tax hikes

    You might be disappointed to read in the latest Bloomberg Businessweek that Oklahoma Sen. Tom Coburn is willing to accept some tax hikes (or the more euphemistic “revenue increases”) to help address the federal government’s debt problem. But if the following paragraph is accurate, you might…
    Mitch Kokai, June 13, 2011
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    New Carolina Journal Online features

    Don Carrington reports for Carolina Journal Online that North Carolina’s public sector would need to lose 63,000 jobs to match the percentage of private-sector jobs lost since the onset of the current economic downturn. John Hood’s Daily Journal takes news media outlets to task for using…
    Mitch Kokai, June 13, 2011
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    Berger statement, video urges budget signature from Gov. Perdue

    From Senate President Pro Tem Phil Berger’s office: Berger: Governor, sign this budget Raleigh, N.C. – Senate President Pro Tempore Phil Berger (R-Rockingham) released a video Friday urging Gov. Beverly Perdue to sign the $19.7 billion bipartisan budget. Below is the transcript: “The…
    Mitch Kokai, June 10, 2011
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    Cato’s DownsizingGovernment.org adds Labor section

    Chris Edwards tells us the updated DownsizingGovernment.org features “essays on unemployment insurance, job training programs, labor union laws, and trade adjustment assistance.”…
    Mitch Kokai, June 9, 2011
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    Nesbitt circulates misleading chart

    According to the Charlotte Observer, Senate Minority Leader Martin Nesbitt this afternoon sent around a new report from the Southern Regional Education Board. It suggests that most Southern states are increasing spending on education, not cutting it, and that North Carolina is cutting at all levels of education more…
    Terry Stoops, June 9, 2011
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    Senate about to take another LSD trip

    JLF’s Becki Gray reports that the Senate Finance Committee just passed Senate Bill 527, Life Sciences Development Act, by voice vote. The bill resurrects a state-backed venture capital loan fund to support biotech startups. As CJ‘s David Bass reported last year, the bill would establish a private…
    Rick Henderson, June 8, 2011