Is anyone surprised by this news? House Speaker Nancy Pelosi said yesterday that the federal government may have to spend even more money to shore up the nation's ailing economy, on top of the more than $1.6 trillion so far approved by Congress. Government rule #1: When in doubt, spend more.
Budget & Taxes Archives
Is Sen. Clodfelter a Civitas Review Reader?
First, it was Gov. Purdue implementing an idea proposed in our Civitas Blueprints. Now, Sen. Dan Clodfelter (D – Mecklenburg) files a bill (S420) to redirect half of North Carolina's tobacco settlement funds from the Golden LEAF foundation to the General Fund in order to help fill the budget hole – an idea I wrote [...]
Raiders of the Trust Funds
With apologies to George Lucas and Harrison Ford, a bill introduced in the NC Senate yesterday would give the governor complete authority to raid a fund designed to help local communities build and renovate schools. S386 is misleadingly titled "Make Best Use of Corporate Tax Revenue" but what it really does is stop the state's [...]
Did Bev Read the Civitas Blueprints?
This news item reports that Gov. Purdue is implementing an idea that was included in the Civitas Institute's Budget & Tax Blueprint released last fall. According to the news report: The Perdue Administration is reviving a program designed to reward state employees for providing innovative and cost-saving solutions. The idea is to provide a financial [...]
Track the N.C. Stimulus Money
The Governor's office today posted this website to show where NC's share of the federal stimulus money is going. In a press release announcing the site, Purdue had this to say: “I want the people of North Carolina to understand exactly how the money will be used to put North Carolina back to work.” And [...]
