The authors of the Cato Institute’s Freedom in the 50 States report detail North Carolina’s recent improvement. William Ruger is vice president of the Charles Koch Institute. Jason Sorens is program director of the Political Economy Project at Dartmouth College. They offered these comments during an interview for Carolina Journal Radio.
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State forecasts $1.4 billion budget surplus
The North Carolina General Assembly's Fiscal Research Division projects that while inflation and interest rates are still up, the state will have $400 million over in collections in the current fiscal year and $1 billion additional revenue coming into the state coffers in FY 2024-25.