News

Public Employee Pension Debt Explodes

RALEIGH — If government officials were forced to apply the same uniform accounting methods that private pension plan administrators must use to calculate liabilities, experts say the funding shortfall would be five times greater than the amount being reported by state and local governments.

Karen McMahan

Help Support Non-profit Journalism & Donate Today

News

Study Highlights Administrative Bloat at Leading N.C. Universities

RALEIGH — Nationally, the number of full-time administrators per 100 students increased by 39.3 percent, while the number of full-time teaching, research, and service employees grew by just 17.6 percent. At roughly 14.5 percent, student enrollment grew even less over that period.

Karen McMahan
News

Amazon Tax Not Clicking In North Carolina

RALEIGH — A March 2009 special report from the Tax Foundation, a Washington, D.C.-based nonprofit, nonpartisan tax research organization, reported, “the nation’s first few Amazon taxes have not produced any revenue at all, and there is some evidence of lost revenue."

Karen McMahan
News

U.S. K-12 Students Trail Global Counterparts

RALEIGH - For more than two decades, cross-national assessments of student academic performance against international standards have shown that U.S. students consistently score below the international average in mathematics, science, and reading compared to their counterparts in 30 industrialized nations.

Karen McMahan