The state General Assembly’s Fiscal Research Division yesterday presented an update on North Carolina’s General Fund revenue. The results?
FRD can report that through November,
General Fund revenues are running $110
million below a $7.4 billion forecast target.
– Collections have not rebounded from the lows
established this summer. Economy-based tax
collections reached their largest [...]
Could a populist idea from the 1990s come back into debate today as a way to clean up corruption in government? According to our latest poll, yes.
73 percent of voters say they support term limits for members of the General Assembly. And when asked an open-ended question on what’s the [...]
Doug Clark says the problem with convicted murderers being released isn’t lenient judges, “it’s that back in the more liberal 1970s, legislators carved huge loopholes in sentencing laws.”
Sounded so good in the ’70s, didn’t it? Today we have the Racial Justice Act, passed by a General Assembly [...]
While the General Assembly gets ready to vote for whether or not to impeach Governor Sanford, several pollsters have been reporting surprising opinions from the electorate. Overall, South Carolinians aren’t all that supportive of throwing Sanford out of office. Democrat pollster Public Policy Polling shows that 58% of the [...]
In August, we were all told by the leadership of the General Assembly that $1.1 billion in tax increases were necessary in order to stave off massive, destructive cuts to “critical” state services.
Apparently we were lied to.
According to the Gov. Perdue’s budget director, the state has about $600 million [...]
I started working at the North Carolina General Assembly November 14, 1977, so my 33rd year starts today! [...] The General Assembly’s Fiscal Research Division yesterday released its revenue report for the current fiscal year (which began July 1). The early returns are not encouraging.
• Revenues through the first four months of the fiscal year are 1.5 percent below target.
• Collections through October are running $95 million below a $5.9 [...]