Budgets (page 9)

  • Post

    State Debt Nearly One-Third Lower Than in 2013

    The State Treasurer’s office released today its latest debt affordability study,  which showed that not only did North Carolina maintain its AAA credit rating, it reminded us once again of the stark contrast between the fiscally conservative approach of the last decade…
    Brian Balfour, March 2, 2021
  • Post

    Earmarks still mean bad news for taxpayers

    Joni Ernst and Tom Schatz write for National Review Online about the disturbing return of congressional earmarks. Congress isn’t even waiting to lift the decade-long moratorium on earmarking before starting to pig out. Look no further than the $1.9 trillion bill being touted by Democrats as the latest…
    Mitch Kokai, March 2, 2021
  • Post

    Targeting states to expand Medicaid

    The COVID bribe would increase the federal match for non-expansion recipients by 5% the next two years in states that haven’t expanded Medicaid, plus Missouri and Oklahoma. That’s not taking the 90%FMAP for the roughly 500,000-person expansion population to 95%, but taking the pandemic-enhanced 73.85% to 78.85% (67.75% and 72.75%…
    Joseph Coletti, February 26, 2021
  • Post

    Covid bailout of states unnecessary and harmful

    We have documented North Carolina’s strong financial condition and have argued against new federal money for months, even as we sought more rational rules on how that first round of federal money to states could be used. As we have talked with fiscal experts in other…
    Joseph Coletti, February 25, 2021
  • Post

    Major discrepancies in state aid contained in House Covid relief bill

    An analysis from Reason magazine finds that there is a significant variation in per-capita state and local aid contained in the latest Covid relief bill being debated on Capitol Hill. “The latest draft of the Coronavirus stimulus and relief legislation, the American Rescue Plan Act…
    Brian Balfour, February 24, 2021
  • Post

    Tip of the hat to North Carolina Republican Legislators

    Leadership matters, and the chart below shows it in crystal clear terms. In North Carolina, we’re fortunate to have legislative leaders who take spending, taxing, and budgeting very seriously. Their prudent decisions over the past decade have given our state national attention and made us the model for other…
    Donna Martinez, February 22, 2021
  • Post

    You’re keeping more of what you earn. Let’s keep it that way.

    COVID-19 has proved a public health crisis for virtually every state, and also a fiscal crisis for those states that spent, spent, spent and failed to engage in sound stewardship of tax dollars leading up to the pandemic. Thanks to the Republican-led General Assembly, North Carolina has avoided the…
    Donna Martinez, February 16, 2021
  • Post

    January General Fund Update

    State revenues continued to outperform last year’s collections in January while appropriations fell, adding over $1 billion to the unreserved fund balance, according to the latest monthly report from the Office of the State Controller. Despite the good news, it is not clear why appropriations fell or what any…
    Joseph Coletti, February 16, 2021