Budgets (page 6)

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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
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    Cato flunks Cooper

    The libertarian Cato Institute has assigned N.C. Gov. Roy Cooper an F grade in its latest “Fiscal Policy Report Card on America’s Governors.” Cooper is one of just two Southern governors and eight nationwide to get a failing grade. Here’s Cato’s take on North Carolina’s top chief executive: Governor…
    Mitch Kokai, October 9, 2018
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    Growing debt and the economic boom

    Justin Bogie explains at the Daily Signal how mounting federal debt threatens our current economic prosperity. For years, budget experts have warned Congress that high deficit and debt levels are not sustainable and will eventually lead to an economic breakdown. Unless lawmakers make significant reforms to entitlement programs—the…
    Mitch Kokai, October 8, 2018
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    Carolina Journal reports: N.C. wins federal grants to expand charter school opportunities

    Lindsay Marchello reports for Carolina Journal: North Carolina has won a federal grant totaling $23.6 million over five years to expand charter school opportunities. Dave Machado, state Office of Charter Schools director, announced the awards Wednesday, Oct. 3 during the monthly meeting of the State Board of Education. Machado told…
    Anna Manning, October 4, 2018
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    Pay teachers like South Carolina does?

    At a panel discussion this morning, I objected to a talking point that a fellow participant used during the event.  He complained that North Carolina’s teacher salaries were losing ground to South Carolina.  I pointed out that South Carolina’s public schools receive a much higher percentage of its funding from…
    Terry Stoops, October 4, 2018