John Locke Foundation | Budgets Are Not Unicorns: Gov. Perdue uses gimmicks instead of making choices


John Locke Foundation | Budgets Are Not Unicorns: Gov. Perdue uses gimmicks instead of making choices:

“Key facts:

Gov. Bev Perdue’s budget proposal for fiscal year 2011 is another missed opportunity to improve state government finances and operations.

It includes $578 million in new federal stimulus money that does not cut total spending.

The budget proposal, including stimulus funding, is $400 million more than proposed in fiscal year 2010, and $1 billion more than actual spending in fiscal year 2009.

The state has no capacity to borrow more money.

Families have little capacity to pay higher taxes.

Total spending from all sources remains around $50 billion, more than $6 billion higher than in fiscal year 2008.

Gov. Perdue will have another chance to correct past mistakes when she offers her plans to reorganize government.”

To see entire report…which you need to read if you are a North Carolina Citizen…click link at top of page. Really, you are paying for all of this with YOUR PAYCHECK! I guess Raleigh will stop spending money we don’t have…about the time…pigs fly!


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