State Debt

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    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
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    Budgets: Contrasting Cooper’s and the General Assembly’s Proposals

    Both the General Assembly and Dem. Gov. Roy Cooper have shared their budget priorities this week. They both tackle the same issues, but with very different methods. For instance, on the issue of education, Cooper wants to cut the Opportunity Scholarship program and give teachers a bonus, while the General…
    Brenee Goforth, September 3, 2020
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    Do Republicans and Democrats really agree on education issues?

    The latest High Point University Poll concludes that “NC Republicans and Democrats agree on education issues.”  That’s news to me. After an examination of the poll, I suspect the supposed agreement is a consequence of the pollsters’ decision to focus on benefits and not costs.  For example, Q: The…
    Terry Stoops, March 9, 2018
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    Latest state debt rankings out: NC middle of debt-ridden pack

    The State Budget Solutions Project has just released a comprehensive (and painful) assessment of state-level debts. The totals include reported debts plus future liabilities and Unemployment Insurance loans. SBS then ranks each state’s debt per capita, per private sector worker, and as a percentage of private sector economic output.
    Fergus Hodgson, November 24, 2011