State of North Carolina Archives: on Budget & Economy

Holly Grange: Cut red tape; pass tort reform

Sandy Smith: We're $22 trillion in debt with no end in sight

A: Strongly Oppose, spending is out of control, we are $22 trillion in debt with no end in sight.

Pat McCrory: Tax & unemployment overhaul helped economic crisis recovery

Now in North Carolina, not only do we balance our budget, but when we have a debt, we cut up the credit card and we pay it off. That's a lesson those in Washington need to learn.

David Rouzer: Fight to cut federal spending & size of government

Our country is at a crossroads. Our national debt is now 100% of our Gross Domestic Product. History shows that once a country reaches this point, it is especially difficult to achieve economic growth and our standard of living will begin to decline. The more we spend and the more we tax, the longer it will take to get our economy moving again. The quicker we reduce the size of government, cut spending, reform our federal regulatory agencies, and reduce the tax burden on our small businesses and other job creators, the quicker the economy will turn around and jobs will be created.

Elaine Marshall: Can't cut our way out of deficit; must grow our way out

"We can't cut our way out of it," Marshall replied. "We've got to grow our way out of this deficit."

Later, Burr said the question in the election is whether America gets its fiscal house in order or "be included with Greece and the rest of them," an allusion to European countries hobbled by debt.

Elaine Marshall: Send back the same people and we won't get out of this mess

In a year when voters across the country are frustrated with government, Burr set the tone early. "Washington has to change," said Burr, adding that Congress, "is not held in high regard. We don't deserve to be."

Marshall, North Carolina's Secretary of State, said she could help fix that. "[Americans] see one side saying 'no' and the other side running scared," she said. "If we keep sending back the same people who got us into this mess, we're not going to change anything."

Marshall described Burr as beholden to special interests. Marshall, who repeatedly described herself as "a strong independent voice," called him one of the top recipients of "big-oil dollars."

Richard Burr: Stop spending or we'll end up like Greece

"We can't cut our way out of it," Marshall replied. "We've got to grow our way out of this deficit."

Later, Burr said the question in the election is whether America gets its fiscal house in order or "be included with Greece and the rest of them," an allusion to European countries hobbled by debt.

Elaine Marshall: Cuts plus appropriate investments

Marshall, however, said cuts alone wouldn't save the country's economy. "We've got to make appropriate investments--the same thing you would do to make your business more profitable," Marshall said. "You can't cut your way into huge profitability."

Richard Burr: The answer is: Let's stop spending

Marshall, however, said cuts alone wouldn't save the country's economy. "We've got to make appropriate investments--the same thing you would do to make your business more profitable," Marshall said. "You can't cut your way into huge profitability."

Roy Cooper: Fund infrastructure, start-ups, and job re-training

Cooper indicates support of the following principles regarding North Carolina's economic development.
• Increase state funds for improving the state's transportation system, including major roadways, railways, and airports.
• Provide low interest loans and tax credits for expanding, start-up, or relocating businesses.
• Increase state funding for programs to re-train unemployed workers.
• Provide tax incentives to attract out-of-state businesses to relocate to North Carolina.