Mercatus Ranks Fiscal Health of NC

In George Mason University’s Mercatus Center study, North Carolina moved up to 15th from 21st in the overall ranking for the fiscal health of the States. This is largely attributed to the improvement of both our immediate cash solvency and long run solvency. Cash solvency refers to whether a state has enough cash to cover its short-term costs such as short-term debt, warrants, and accounts payable. North Carolina has between 1.28 and 2.46 times the amount of money needed to cover its short term costs. This differs from long run solvency, which refers to a state’s ability to handle long term fiscal risks. Since 2013, North Carolina has decreased long term liabilities from 22% to 17%, putting NC’s per capita long term liabilities at more than four times lower than the national average.  Read more

Foster Care Reform Now a Reality

Raleigh, N.C. – Legislative leaders passed HB 630 Child/Family Protection and Accountability Act this past session in an effort toreform and modernize North Carolina’s child welfare system by creating a regional oversight system for county DSS agencies, by providing the state with greater authority to hold counties accountable for child outcomes, and by bringing in a third-party to implement whole-scale child welfare practice and governance reform. Read more

House Overrides Veto, Compares Cooper’s Claims to Reality

Raleigh, N.C. –  The North Carolina House of Representatives voted to override Gov. Roy Cooper’s budget veto in a bipartisan vote Wednesday, enacting another round of middle-class tax cuts and a fourth consecutive teacher pay raise despite Cooper’s partisan rejection of the historic plan that includes a records savings reserve. “The governor chose partisanship over the people of North Carolina when he rejected middle class tax cuts and a fourth consecutive teacher pay raise,” Moore said, “but the General Assembly has delivered these priorities to North Carolinians without his support.” Read more

House Fulfills Job Growth Agenda, Adjourns

Raleigh, N.C. – The North Carolina House of Representatives adjourned the 2017 long legislative session of the state General Assembly on Friday after enacting a historic state budget, providing more middle class tax relief and fulfilling a job growth agenda that has produced record savings, revenue surpluses and rapid economic growth.  Read more

House Passes Budget that Cuts Taxes & Raises State Employee Pay

Raleigh, NC: Today, the North Carolina House debates a budget that focuses on returning tax dollars to the hard working families of our state while at the same time continues to invest in the rainy day fund to ensure future financial stability. In 2011, North Carolina Republicans promised a new day for North Carolina after inheriting a $2.5 Billion budget deficit. Pragmatic, conservative policies have helped foster a growing economy and have created an environment of economic prosperity for all North Carolinians.   Read more

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