state spending

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    Why North Carolina Needs a Taxpayer Bill of Rights, in One Chart

    Conservative legislative leadership has held state spending growth in check over the last decade. This is a good thing, meaning that you are keeping and making decisions over more of the money you earn, and the government’s sway over the economy is smaller than it was…
    Brian Balfour, July 21, 2021
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    Economic Rorschach Test

    In psychology, a Rorschach test is one in which the patient is presented with a series of inkblot images, and how the patients perceive the images helps inform the psychologist about the patients’ personality characteristics and emotional functioning. Similarly, a chart accompanying a recent…
    Brian Balfour, July 14, 2021
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    House, Senate Agree to Total Spending Amount for State Budget

    House Speaker Tim Moore and Senate President Pro Tem Phil Berger today released a joint statement announcing that the two chambers have come to an agreement on the total amount of spending to be included in their budget proposal for the fiscal year that begins July…
    Brian Balfour, June 8, 2021
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    Five Reasons North Carolina Needs a Taxpayer Bill of Rights

    Legislators last week introduced SB 717, Taxpayer Bill of Rights. The bill would put to a vote of the people in 2022 an amendment to the state constitution that would place sensible restrictions to the annual growth rate of the state budget. Below are five reasons North Carolina needs…
    Brian Balfour, April 19, 2021
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    NASBO: N.C. has largest rainy day fund balance in Southeast

    The National Association of State Budget Officers (NASBO) Fiscal Survey of the States Spring 2018 is out! With a rainy day fund balance of over $1.8 billion, North Carolina has the best funded rainy day fund of any state in the Southeast.  Florida is second with $1.4 billion. North…
    Terry Stoops, June 18, 2018
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    Where Does Your North Carolina Tax Money Go?

    As North Carolinians rushed to meet this week’s tax filing deadline, no doubt many wondered where their money is going. We decided to make it easy to understand how their hard-earned money is being spent. John Locke Foundation Senior Fellow Joe Coletti tells us North Carolinians pay an average of $2,500…
    Donna Martinez, April 18, 2018