News
Winston-Salem/Forsyth Schools facing dire $46M budget gap
NC audit finds WS/FCS faces $46M deficit, tied to COVID fund misuse, excess staffing despite enrollment drop, and broad financial mismanagement.
News
NCORR debt keeps growing, this time surpassing $300 million in latest estimate
The actual debt that the North Carolina Office of Recovery and Resiliency faces has unraveled into $319 million in a matter of days, now standing over 80% higher than Gov. Roy Cooper’s staff first disclosed, according to the General Assembly.
Opinion
The harsh downsides of ‘Biden bucks’
In selling the supposed benefits of his recently unveiled spending proposals – that would total more than $4 trillion over several years – President Joe Biden bragged that his plans are “designed to redistribute the nation’s wealth.” On this point, I agree. But the wealth redistribution will not be in the way he means it....
Opinion
Budget News Is Too Good
Where are all the front-page stories and triumphant editorials about how the state is on track to run a comfortable budget surplus for 2015-16? They don’t exist.
Opinion
Don’t blame the economy
North Carolina’s state government is about to experience another billion-dollar-plus budget deficit. But as two economists said today, the culprit isn’t some horrible, unprecedented recession.
Opinion
Not Serious on Budget
n his press conference yesterday, Gov. Easley foolishly ruled out shrinking the government workforce as one way of closing a growing budget gap — even as New York Gov. George Pataki announced plans for thousands of job cuts in the coming year.
