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Yesterday a House Judiciary Committee held discussions about a Taxpayer Bill of Rights (TABOR) amendment to restrain state budget growth.
Yesterday a House Judiciary Committee held discussions about a Taxpayer Bill of Rights (TABOR) amendment to restrain state budget growth.
 
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year
General Assembly leaders agreed to a bottom-line budget number last week, kicking off the biennium budget season. Senate Leader Phil Berger (R-Rockingham) and House Speaker Tim Moore (R-Cleveland) announced that General Fund spending would increase by 6.5% in the first year
 
The House proposed budget lowers some taxes, creates others, and cuts against the grain of past Republican efforts to prioritize savings reserves as a rainy day buttress to economic downturns and natural disasters.
The House proposed budget lowers some taxes, creates others, and cuts against the grain of past Republican efforts to prioritize savings reserves as a rainy day buttress to economic downturns and natural disasters.
 
As North Carolina's legislative session (presumably) winds down over the next couple of weeks, it seems increasingly unlikely that the cap on state spending growth and other provisions of the proposed Taxpayer Protection Act will pass this year. The Senate approved the measure a few weeks ago...
As North Carolina's legislative session (presumably) winds down over the next couple of weeks, it seems increasingly unlikely that the cap on state spending growth and other provisions of the proposed Taxpayer Protection Act will pass this year. The Senate approved the measure a few weeks ago...
 
Likely North Carolina voters overwhelmingly favor a measure to restrain the growth rate of state spending. According to the April 2011 Civitas Institute poll, 67 percent of respondents support the ideas contained in HB 188 - which would limit the growth rate of the state budget to a formula based...
Likely North Carolina voters overwhelmingly favor a measure to restrain the growth rate of state spending. According to the April 2011 Civitas Institute poll, 67 percent of respondents support the ideas contained in HB 188 - which would limit the growth rate of the state budget to a formula based...
 
Each year the North Carolina General Assembly discusses how much is spent on state government. Many, including the John Locke Foundation, argue that a spending limit or cap should be in place. The call for such a cap has not been impromptu, but rather a reaction to inflation-adjusted state...
Each year the North Carolina General Assembly discusses how much is spent on state government. Many, including the John Locke Foundation, argue that a spending limit or cap should be in place. The call for such a cap has not been impromptu, but rather a reaction to inflation-adjusted state...
 
During the 1970s and 1980s, America saw a growing federal deficit that caused states to react. North Carolina rewrote its constitution in 1971, and as part of that constitution the state is required to pass a 'balanced budget.' More specifically, the state's total expenditures cannot exceed its...
During the 1970s and 1980s, America saw a growing federal deficit that caused states to react. North Carolina rewrote its constitution in 1971, and as part of that constitution the state is required to pass a 'balanced budget.' More specifically, the state's total expenditures cannot exceed its...
 
The Republican primary for House District 94, which includes all of Alleghany County and most of Wilkes County, features two candidates with political experience and who should be familiar to Wilkes Countians.
The Republican primary for House District 94, which includes all of Alleghany County and most of Wilkes County, features two candidates with political experience and who should be familiar to Wilkes Countians.
 
In 2012 Tea Party Republican Eddie Gallimore came within 505 votes of defeating incumbent Republican Sen. Stan Bingham for the opportunity to represent Davidson and Montgomery counties in the North Carolina Senate. But Gallimore didn't see his primary election defeat as the end of the line.
In 2012 Tea Party Republican Eddie Gallimore came within 505 votes of defeating incumbent Republican Sen. Stan Bingham for the opportunity to represent Davidson and Montgomery counties in the North Carolina Senate. But Gallimore didn't see his primary election defeat as the end of the line.
 
Voters in the May 6 Republican primary for state House District 15 will choose between incumbent Phil Shepard, a two-term legislator who is a minister and civil service retiree, and Jim Morton, a farmer and retired educator running primarily on parochial issues.
Voters in the May 6 Republican primary for state House District 15 will choose between incumbent Phil Shepard, a two-term legislator who is a minister and civil service retiree, and Jim Morton, a farmer and retired educator running primarily on parochial issues.
 
For savers, compounding interest can be a great thing. It helps to accelerate the rate of increase of your money in the bank.
For savers, compounding interest can be a great thing. It helps to accelerate the rate of increase of your money in the bank.
 
North Carolina's tax structure is almost assuredly going to receive an overhaul in 2013. Legislative leaders and newly elected Gov. Pat McCrory have made no secret of this.
North Carolina's tax structure is almost assuredly going to receive an overhaul in 2013. Legislative leaders and newly elected Gov. Pat McCrory have made no secret of this.
 
A Monday event in Whiteville honoring former state Sen. R.C. Soles, D-Columbus, has been canceled, Carolina Journal has learned. According to a man associated with the event who did not want to be identified, Soles decided...
A Monday event in Whiteville honoring former state Sen. R.C. Soles, D-Columbus, has been canceled, Carolina Journal has learned. According to a man associated with the event who did not want to be identified, Soles decided...
 
A majority of North Carolinians support a cap on total state spending at inflation and population growth.
A majority of North Carolinians support a cap on total state spending at inflation and population growth.
 
As the North Carolina House and Senate work out their differences over a 2012-13 spending plan, it's not too early to be thinking about what the state's fiscal policy choices will be in 2013.
As the North Carolina House and Senate work out their differences over a 2012-13 spending plan, it's not too early to be thinking about what the state's fiscal policy choices will be in 2013.
 
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