{"id":2225947,"date":"2024-04-20T12:38:05","date_gmt":"2024-04-20T16:38:05","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crescendo-may-not-be-the-final-note-1b-in-additional-revenue-projected\/"},"modified":"2024-04-20T12:40:40","modified_gmt":"2024-04-20T16:40:40","slug":"crescendo-may-not-be-the-final-note-1b-in-additional-revenue-projected","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crescendo-may-not-be-the-final-note-1b-in-additional-revenue-projected\/","title":{"rendered":"The crescendo is not the end; an extra $1 billion in revenue is expected"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fcrescendo-may-not-be-the-final-note-1b-in-additional-revenue-projected%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2225947&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The text discusses North Carolina&#8217;s economic progress, highlighting \u2064a significant\u2064 revenue increase estimated by the Financial Research Division. The state has come a long way from facing challenges like teacher furloughs and <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/young-people-should-get-involved-in-politics-cant-wait-in-line-rep-cawthorn\/\" title=\"Young People Should Get Involved in Politics, Can\u2019t \u2018Wait in Line:\u2019 Rep. Cawthorn\">high tax rates<\/a> to \u200creaching a positive economic milestone. The narrative also touches on historical political shifts \u2063contributing \u2063to this advancement. The content delves into the economic advancements of North Carolina, emphasizing a notable revenue surge projected by the Financial Research Division. Overcoming obstacles such as teacher furloughs and elevated tax \u2064rates, the\u2063 state has <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/harvards-highest-governing-body-unanimously-reaffirms-support-for-president-after-troubling-congressional-testimony-plagiarism-allegations\/\" title=\"Harvard's top body stands by President despite Congress testimony and plagiarism claims\">made substantial strides<\/a> towards a positive economic outcome. Additionally, \u200bthe text \u2062references historical political transformations that have \u2062played a \u200brole in driving this progress.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<div data-td-block-uid=\"tdi_78\">\n<p>(The Center Square) \u2013 Lucky 13.<\/p>\n<p>To be fair, North Carolina\u2019s economic pulse has hardly just arrived. The low point was just prior to 2011, and the crescendo from the Legislative Building on Jones Street this week was a report from the Financial Research Division estimating $1 billion in additional revenue.<\/p>\n<p>That\u2019s a long way from teacher furloughs, multiple layers in a tax bracket reaching 7.75% to rank higher than any Southeast neighbor, and gross state product below the national average. It began with Republicans, for the first time since Reconstruction following the Civil War 140 years earlier, winning both chambers and doing so by overcoming districting maps drawn by Democrats.<\/p>\n<p>Democratic Gov. Bev Perdue was yielded impotent her final two years, a Republican won the governor\u2019s mansion for only the third time since 1901 during the 2012 Obama reelection campaign, and tax reform and fiscal responsibility followed.<\/p>\n<p>House Speaker Tim Moore said, \u201c<a href=\"https:\/\/files.constantcontact.com\/6e0ece84701\/904af2db-49b2-4998-8979-fd6f3488fc34.pdf\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Today\u2019s revenue forecast<\/strong><\/a> is a sign that North Carolina is on the right track. Our conservative approach to responsible spending has been effective in strengthening our economy and attracting business to our state. When those businesses bring thousands of jobs to North Carolina and our economy is strong, all of North Carolina wins.\u201d<\/p>\n<p>In a fiscal crisis a baker\u2019s <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pinkerton-the-last-time-nancy-pelosi-persuaded-house-democrats-to-jump-off-a-cliff\/\" title=\"Pinkerton: The Last Time Nancy Pelosi Persuaded House Democrats to Jump Off a Cliff\">dozen years ago<\/a>, the state will own a rainy day reserve of nearly $5 billion, a 6.7% increase in gross state product, and statewide wages and salaries up 6.2% year-over-year in March.<\/p>\n<p>This month\u2019s <a href=\"https:\/\/www.thecentersquare.com\/north_carolina\/article_b1b2ddcc-f682-11ee-95e5-5734a128d243.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Rich States, Poor States<\/strong><\/a> from the nonprofit American Legislative Exchange Council pegged North Carolina fourth in economic outlook and 11th for performance over the last 10 years. CNBC last July named the state a back-to-back <a href=\"https:\/\/www.thecentersquare.com\/north_carolina\/article_cea51dc2-206e-11ee-8cc2-43e30f33dd98.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>No. 1 in its America\u2019s Top States for Business<\/strong><\/a>. Site Selection magazine last May made it a three-peat for <a href=\"https:\/\/www.thecentersquare.com\/north_carolina\/article_79e1a5d6-edc8-11ed-90ab-7b9bd64b5ffc.html\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>North Carolina as the winner of its Prosperity Cup<\/strong><\/a>.<\/p>\n<\/p><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>North Carolina&#8217;s economic journey isn&#8217;t new; it emerged from a low point before 2011. A recent report from the Financial Research Division projected an extra $1 billion in revenue, marking significant progress. This milestone, celebrated by many, signals a promising path ahead for the state&#8217;s economy<\/p>\n","protected":false},"author":1,"featured_media":2225948,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP22307658045621-1024x683.jpg","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-2225947","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/wex-s3.s3.us-east-1.amazonaws.com\/wp-content\/uploads\/2024\/04\/AP22307658045621-1024x683.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2225947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2225947"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2225947\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2225948"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2225947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2225947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2225947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}