by Thomas Mills | Oct 27, 2017 | Budget, Editor's Blog, Politics |
The party that’s been blaming Democrats for the $20 trillion national debt caused largely by the failed policies of George W. Bush just passed a budget resolution that will add $1.5 trillion to the debt while cutting Medicare by $500 billion and Medicaid by $1...
by Thomas Mills | Jun 12, 2017 | Budget, Editor's Blog |
Last week, Kansas ended its disastrous conservative experiment when the legislature passed tax increases to start filling the massive budget hole caused by radical tax cuts. Gov. Sam Brownback came into office promising that huge tax cuts would spur enough growth to...
by Thomas Mills | Feb 25, 2016 | Budget, Economy, Editor's Blog, Education |
Republicans are crowing about the state’s revenue. John Hood notes that collections are up almost $900 million over expenditures. That maybe good if your primary goal is balancing the budget. However, we’re still in trouble if your goal is meeting the states needs. We...
by Thomas Mills | Dec 11, 2015 | Budget, Editor's Blog, Terrorism |
In recent weeks, the GOP has been bragging about good news for North Carolina. According to them, their tax reform that shifted the tax burden from the wealthy to middle class has worked. So far this fiscal year, North Carolina has a revenue surplus. But it’s come at...
by Thomas Mills | Sep 21, 2015 | Budget, Editor's Blog, Tax Reform |
Well, now we know what’s holding back North Carolina’s economy. It’s those damn poor people hoarding all that money and demanding too many services. Thank goodness the Republicans in the General Assembly are there to make sure they pry it loose and get it back its...
by Thomas Mills | Sep 18, 2015 | Budget, Editor's Blog, NC Politics, NCGA |
After nine months of muddling around Raleigh, bringing more bad headlines to the state, the legislature finally passed its budget. Now, we better buckle our seat belts. The real mischief is about to begin. Legislative leaders say they will adjourn on September 30....
