The Progressive Pulse

November 20, 2009

Making sense of the numbers

Posted at 2:19 PM by Clayton Henkel

First the good news: North Carolina state government has more than $600 million to close any budget hole this fiscal year.

Now the bad news: Revenues are $95 million less than what lawmakers projected when they passed a $19 billion budget last summer. Adding to the problems, the state’s unemployment rate edged higher to 11 percent in October.

Elaine Mejia of the NC Budget & Tax Center puts the numbers in perspective on our weekly radio news magazine “News & Views” with Chris Fitzsimon. Mejia also discusses how state budget gaps are creating a major drag on our fragile economic recovery.

Click below for a preview of the interview:

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Previous Posts

1. Moving Ahead
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The Progressive Pulse is a blog about the issues, debates, and people that affect North Carolina public policy. As with the organization that sponsors it, NC Policy Watch, its ultimate objective is to improve the quality of life in the state, in this case by promoting the development of an informed, energetic and progressive online community. The Progressive Pulse welcomes the contributions of interested people of all points of view provided they are of a reasonable length, have some relevance to issues of North Carolina public policy and abide by the common rules of online etiquette (i.e., please avoid inappropriate language and show a measure of respect for others –even the John Locke Foundation). To post a comment, simply click the comment line then provide your name and email. Your email address will not be collected or shared. If you would like to be contributing writer, please send your post to info@ncpolicywatch.com with 'blog' in the subject line. If the post meets with our criteria (has a progressive perspective and is relative to our state), we will publish it.

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