Monetary policy (page 11)

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    Historic Preservation Tax Credits are here to stay

    A press release by the NC House this afternoon, This week, the North Carolina House and Senate unveiled a $21.735 billion state budget compromise. The budget, which funds government functions for FY 2015-2016 and FY 2016-2017, restores the Historic Preservation Tax Credit for all of North Carolina.    …
    Sarah Curry, September 15, 2015
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    Fund and the Fed

    John Fund‘s latest column for National Review Online focuses on the growing chorus calling for reform of the Federal Reserve system. A growing number of people believe the Federal Reserve has hurt rather than helped the recovery. It has pursued zero-interest-rate policies that have…
    Mitch Kokai, September 1, 2015
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    Forbes probes China’s currency devaluation

    Steve Forbes‘ latest Forbes magazine column focuses on the impact of China’s recent currency policies. CHINA’S DEVALUATION of the yuan underscores the ongoing, dangerous, growth-retarding mess of U.S. monetary policy and, indeed, the fundamental deficiency of modern economic thinking. This intellectual bankruptcy threatens the…
    Mitch Kokai, August 28, 2015
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    NC needs to tell the federal government, “Thanks, but NO THANKS!”

    Many of us know that Washington bureaucrats are out of control, but what many of us don’t think about are the impacts this has on states. For example, lets take a look at North Carolina’s budget.  The total budget is around $50 billion, yet the General Fund is around $21…
    Sarah Curry, August 27, 2015
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    NC Senate ‘give up’ on certain budget items in the name of compromise

    Senator Phil Berger (R-Rockingham) spoke this afternoon to shed light on some major policy decisions regarding the state budget.  In the Senate budget, they included some economic development policy and Medicaid reform ideas that were not very popular with the Governor nor the House.  They have decided to remove these…
    Sarah Curry, August 5, 2015
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    Government Efficiency is a priority for some states

    North Carolina tried an experiment, it was called NC GEAR.  Government efficiency and performance based budgeting – ways to save dollars or use them more efficiently in state government.  Governor McCrory created the office, but both the NC Senate and NC House have left the program out of their budget…
    Sarah Curry, July 27, 2015
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    Businessweek documents battle over Fed’s muddled policy

    The latest issue of Bloomberg Businessweek spotlights the fight over the future of Federal Reserve policies. Members of Congress taking aim at the Fed say they intend to preserve its independence; they just want it to stick to a plan and explain itself. The…
    Mitch Kokai, July 27, 2015
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    Barron’s editorial page editor weighs in on Greece and Iran

    Thomas Donlan of Barron’s devotes his latest editorial commentary to Greece’s economic woes and Iran’s nuclear ambitions. Last week was a week of “historic achievements.” More likely, it was a week of historic pretense, obfuscation, and postponement—a week of historic failures disguised as successes.
    Mitch Kokai, July 20, 2015