John Locke Foundation President John Hood suggests North Carolina is spending too much money on unemployment insurance. He offered these comments to Gerrick Brenner for a report on ABC11 (WTVD) Feb. 19, 2009.
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.