NC Budget and Tax Center

Federal Budget Negotiations Should Focus on Sequestration

The federal budget negotiations are beginning in order to meet the timeline that policymakers established in the recent deal to re-open government and raise the debt ceiling.  While some report that revenue has been kept off the table, this should be a non-starter for federal policymakers seeking a fiscally responsible budget that won’t harm the economy or grow poverty.

The negative impacts of sequestration have recently been calculated at the county level by researchers at the Center for Public Integrity and the Financial Times. The analysis of North Carolina counties shows that not just military communities but research hubs and areas of significant hardship have been negatively impacted by these across-the-board spending cuts. These findings are on top of the growing catalogue of the harm these cuts have caused Sequestration Impact by Countyin the day to day lives of many thousands of North Carolinians. It is clear that policymakers must pursue revenue to replace the across-the-board spending cuts, closing corporate tax loopholes is a good start.

One Comment


  1. wncgirl

    October 22, 2013 at 3:52 pm

    Time to try some of the baggers for treason….

Check Also

North Carolina’s tax code isn’t meeting the state’s needs, will continue to fall short

Leaders in the General Assembly responded to the ...

Top Stories from NCPW

  • News
  • Commentary

Right now in Shenzhen, which, with 12 million people is the fastest-growing city in China, a young c [...]

On Tuesday, Senate President Pro Tem Phil Berger—one of the state’s most powerful Republican politic [...]

Unsurprisingly, the agenda for the General Assembly's "short session" that commences [...]

Hundreds of North Carolinians turned out over the weekend to run a jagged race around downtown Ralei [...]

When I headed off to college, I could not have predicted that many of the funding streams, positions [...]

For those who pay only periodic attention to the ins and outs of lawmaking in the North Carolina Gen [...]

The post Know your ‘Thug’ appeared first on NC Policy Watch. [...]

In the classic movie film, Gone with the Wind, the owner of the Tara plantation admonished his daugh [...]

Now hiring

NC Policy Watch is now hiring a Managing Editor – click here for more info.