In 2010, Republicans took control of both the North Carolina Senate and the North Carolina House for the first time since 1898. That’s more than 100 years.
Raleigh, N.C. — North Carolina’s revenue collections are still ahead of projections set when legislators drew up the state government budget this year.
The General Assembly’s top economist told lawmakers Tuesday the state’s coffers have taken in $115 million above the roughly $6 billion expected through Oct. 31, the first four months of the fiscal year.
The presentation by Barry Boardman to a legislative oversight committee said the amount of taxes withheld from worker paychecks is improving and corporate income tax collections are above targeted levels.
The revenue surplus was about $150 million through September.
The fact that we have a spending problem can only be denied if you are a die hard Statist or a liar.