Fiscal illiteracy reigns supreme in Washington

A myriad of associations come to mind when thinking about President Biden’s FY2023 budget, but the one that comes to mind instantaneously is “dumpster fire.” Like the budget he submitted to Congress just last year, one fact remains constant: President Biden does not have the slightest clue what fiscal responsibility entails. Families across North Carolina...

Virginia Foxx

Inflation hands activists a reality check

Climate change is real. Emissions of greenhouse gases from human activities such as power generation and transportation are a causal factor. Because the net effects of climate change are likely to be harmful, governments should enact prudent policy responses. So stipulated. Now, let me tell you why those responses won’t include stiff carbon taxes or...

John Hood

Locke’s Terry Stoops reacts to report that $800 million of $1.7 billion Leandro order is unfunded

Dr. Terry Stoops, director of the Center for Effective Education at the John Locke Foundation, responds to state government’s report that almost $800 million of a $1.7 billion Leandro education spending order remains unfunded. Stoops offered these comments during the April 5, 2022, edition of Spectrum News 1’s “Capital Tonight.”

Dr. Terry Stoops

Incentives package worth $1.2 billion draws electric car plant to NC

A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed company, the state and Chatham County promise to spend nearly $1.2 billion in incentives over the next 32 years. Meantime, VinFast...

Theresa Opeka

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U.S., U.K. to lift harmful tariffs on steel, spirits

The United States and United Kingdom are ending a host of costly tariffs, effective June 1, on a number of products, including whiskey. The deal allows historically based sustainable volumes of U.K. steel and aluminum products to enter the U.S. market without the application of Section 232 tariffs, the White House says in a news...

John Trump

Golden Leaf got $83 million in COVID relief, but failed to properly monitor it, audit finds

The Golden LEAF Foundation failed to monitor how $83 million in federal money from the COVID-19 Rapid Recovery Loan Program were used, a new audit finds. The objective of the performance audit, released Wednesday, March 23, by the office N.C. State Auditor Beth Wood, was to determine whether Golden LEAF designed and implemented procedures to ensure...

Theresa Opeka

State Supreme Court wants new assessment of $1.7 billion education spending order

The N.C. Supreme Court has agreed to jump back into the state’s long-running school funding legal dispute. The court wants a trial judge to assess the impact of the new state budget on a $1.7 billion order for additional state education spending. A Supreme Court order issued Monday evening grants requests from both N.C. Attorney...

CJ Staff