Federal deficit (page 2)

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    COVID-19 bailouts: Congress picks winners and losers

    Robert VerBruggen of National Review Online focuses on the latest COVID-19 relief debate on Capitol Hill. Like it or not, this is a time when borrowing money makes sense. We are facing a severe but temporary economic disaster, and we can smooth out the damage by having the…
    Mitch Kokai, May 14, 2020
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    New Carolina Journal Online features

    Lindsay Marchello reports for Carolina Journal Online that COVID-19 restrictions are extending tensions involving religious liberty. John Hood’s Daily Journal explains why state policymakers should treat federal COVID-19 relief as a shock absorber.
    Mitch Kokai, May 13, 2020
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    Trillion-dollar deficits’ harmful impact on the working class

    Willis Krumholz argues in a Federalist column that huge federal deficits “kill blue-collar America.” The federal government’s response to COVID-19 hasn’t helped. Coronavirus panic is hitting the global economy, and America is no exception. To patch over the shelter-in-place orders and compensate closed businesses, Congress has passed well…
    Mitch Kokai, May 12, 2020
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    Debt issues will linger long after COVID-19

    James Capretta writes at Real Clear Policy about the need to turn attention to the federal government’s growing debt problem. Congress and the Trump administration are rightly focused on the immediate task of limiting the harm from the COVID-19 pandemic and the economic contraction it has precipitated. The…
    Mitch Kokai, May 4, 2020
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    New Carolina Journal Online features

    Lindsay Marchello and Kari Travis report for Carolina Journal Online on the N.C. General Assembly’s COVID-19 relief package. John Hood’s Daily Journal warns that federal spending linked to the COVID-19 pandemic makes an existing debt problem worse.
    Mitch Kokai, May 4, 2020
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    COVID-19 pandemic highlights Fed’s slippery slope

    Randall Forsyth of Barron’s notes concerns about the Federal Reserve’s potential action in the wake of the COVID-19 pandemic. The U.S. government’s involvement in the private sector has spurred calls for it to support beleaguered state and local governments, whose budget deficits are burgeoning due to increased spending…
    Mitch Kokai, April 20, 2020
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    National debt problem isn’t going away

    Michael Tanner offers a sobering reminder to National Review Online readers. In responding to the coronavirus pandemic and the health and economic catastrophes that it has wrought, politicians from both parties may have found their dream: a problem you really do have to throw money at. Already, Congress…
    Mitch Kokai, April 16, 2020
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    How much will NC receive from the Education Stabilization Fund in the CARES Act?

    The Education Stabilization Fund is composed of (1) a Governor’s Emergency Education Relief Fund, (2) an Elementary and Secondary School Emergency Relief Fund, and (3) a Higher Education Emergency Relief Fund.  The overall appropriation for education is $30.750 billion. According to the Congressional Research Service, North Carolina will receive…
    Terry Stoops, April 7, 2020