Budgets (page 8)

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    State surplus shrinks $500 million in March

    The March General Fund Monthly Report from the Office of the State Controller is out. Hats off to the staff there for turning the report around so quickly to provide critical information to decision makers. Sales tax revenues are lower than the prior year for the first time since…
    Joseph Coletti, April 9, 2020
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    How far will your federal coronavirus payment go?

    For some people, there is never enough money. A writer for a policy group on the left grouses this time about the paltriness of federal payments to taxpayers by deliberately understating the amount of money a family could receive and overstating the costs to be borne. Some money is better…
    Joseph Coletti, March 30, 2020
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    True facts about public health spending and Coronavirus

    There has been no Republican war against public health spending either in North Carolina or in Washington, DC. Reposting here a portion of my comments from March 16 to help set the record straight A progressive advocacy group recently claimed that public health funding was cut by 28% because of…
    Joseph Coletti, March 25, 2020
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    North Carolina Has Over $3 Billion To Combat COVID-19

    This week, JLF’s Joe Coletti wrote a research brief on how North Carolina could use its funds to respond to the economic fallout of the Coronavirus. Coletti lets us know (1) how much money the state has, (2) where it is, and (3) where it could go. North Carolina has…
    Brenee Goforth, March 24, 2020
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    Treasurer Dale Folwell Demands Price Transparency

    On Friday, March 20, 2020, State Treasurer Dale Folwell announced his intention to rescue the State Health Plan with price transparency. Carolina Journal’s Julie Havlak reports: With the State Health Plan, Folwell blames inflated prices and “secret contracts” for its financial woes. But his Clear Pricing Project was blocked last year, when…
    Brenee Goforth, March 23, 2020
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    Available funds to meet “significant economic changes”

    As more of America shuts down each day, nobody knows what comes next, but the current situation reminds us that it’s always been hard to make predictions, especially about the future. House Speaker Tim Moore posted today about the $3.9 billion in North Carolina’s unemployment trust fund that…
    Joseph Coletti, March 17, 2020
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    John Locke Foundation CEO: North Carolina-centric solutions to the coronavirus pandemic

    John Locke Foundation CEO Amy Cooke submits the following: From health care workers to wait staff, from ride-share drivers to truck drivers, North Carolinians, like the rest of the country, are in for a rough few weeks, possibly even a rough few months or more. Demanding that the federal government…
    Mitch Kokai, March 13, 2020
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    The Finances of Coronavirus

    The Coronavirus is a serious public health issue, but it is also a serious financial affair. As more states declare a “state of emergency” and the governments flood their treasuries with emergency mitigation funds, this has quickly become a multibillion-dollar affair. JLF’s Joe Coletti broke down some of the numbers…
    Brenee Goforth, March 13, 2020