News

2017 session opens Wednesday, but real work starts later

The 2017 long session of the General Assembly starts Wednesday, and the first day is likely to be more ceremonial than substantive. Once members are sworn in and leaders in the House and Senate are elected, lawmakers will head home. They return Jan. 25 to get to work in earnest. Lt. Gov. Dan Forest will gavel...

Barry Smith
News

JLF Analysts Focus on Taxpayer Benefits from N.C. House’s No-Tax-Hike Budget

RALEIGH — North Carolina taxpayers struggling with a sluggish economy would not have to worry about new taxes or fees under the 2012-13 state budget plan moving through the N.C. House. That's good news for John Locke Foundation budget analysts, who say the plan also has room for improvement. The House's Appropriations Committee is considering today a General Fund budget that would spend more than $20.2 billion in 2012-13.

CJ Staff
News

House Budget, Tax Cut Plan Would Add 10,000 N.C. Jobs by 2013 (Revised)

RALEIGH — Expiration of North Carolina's temporary 1-cent sales tax and income tax surcharges, a cut in the corporate tax rate, and other tax changes linked to the N.C. House budget and anticipated tax-reform package would lead to a net gain of 8,000 jobs in 2012 and 10,000 jobs by 2013. The John Locke Foundation's top budget analyst reaches those conclusions after reviewing a new report from a Boston-based economic research team.

CJ Staff

Help Support Non-profit Journalism & Donate Today

News

N.C. House Budget Plan Overspends, Ignores Problems

RALEIGH – The N.C. House’s proposed $21.2 billion state operations budget spends too much money on unproven ideas, overspends one-time money for long-term expenses, and sets up future legislatures for budgetary problems. That’s the assessment of a John Locke Foundation analyst who’s studied the House plan.

CJ Staff