FOR IMMEDIATE RELEASE: February 10, 2020Contact: Joseph Coletti John Locke Foundation 919-828-3876 jcoletti@johnlocke.org Changes Needed To Ensure North Carolina’s Pension Plan Remains Strong, Delivers on.
Sunday s Register editorial asked whether the push for smaller government in Iowa has achieved a point where it is too small to work. The editorial argued that those who believe in a smaller, more efficient government fail to address how limited government can solve some of the policy problems confronting Iowa.
In other words, the Register s editorial board contends that Gov. Kim Reynolds and the Republican-led legislature have hollowed out government by controlling the growth of spending and reducing taxes. This argument is not only untrue but ignores the progressive big government record of failure.
As a result of prudent budgeting, Iowa s fiscal house had a solid foundation as the COVID-19 pandemic hit. Currently, Iowa has a budget surplus, the reserves are full, and revenues continue to grow. If Iowa followed similar tax and spend policies as our neighbors in Illinois or other progressive blue states such as New York or California, our fiscal house would not have bee
Opinion: Iowa should keep rejecting the blue state model because limited government works msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
North Carolina may run out of room to borrow money for transportation projects in just a few years, according to a new report released this week by State Treasurer Dale Folwell.
This puts in jeopardy the state’s Build NC Bonds, a $3 billion transportation package approved in 2018.
At the current rate, the Department of Transportation will run out of debt capacity in 2026 and won’t be able to issue all of the bonds it is scheduled to. There’s no room for more borrowing beyond what has already been authorized, the report states.
“The Department of Transportation should be much more prudent than it has been,” said Joseph Coletti, senior fellow for fiscal studies at the John Locke Foundation.