Mitch Kokai, John Locke Foundation senior political analyst, details key elements of President Trump’s latest budget plan. Kokai offered these comments during the March 15, 2019, edition of UNC-TV’s “Front Row with Marc Rotterman.”
JLF’s Mitch Kokai analyzes President Trump’s budget plan
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State gets pleasant April surprise
I’ve never been more delighted to be mistaken. A couple of weeks ago, I wrote a column observing that, over the first eight months of the 2023-24 fiscal year, the state’s General Fund revenue was down slightly from what was collected during the first eight months of the previous fiscal year. North Carolina faced no...
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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.
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State revenues are down this year
State Controller Nels Roseland has just released five months of reports about North Carolina’s General Fund budget. I’m told the delay wasn’t nefarious. It was caused by a change in accounting systems. Well, better late than never — but I hope the delay hasn’t lulled our leaders into complacency. Over the first two-thirds of the...
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Expert warns of ‘benefits cliff’ as NC considers study of welfare program consolidation
Benefits cliffs occur when a small wage increase puts a family over the threshold to stop receiving public benefits. One study found that a single mother of two children would require a 67% raise at an annual income of $32,000 in order to overcome losses in benefits from bringing in more income.
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