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Pat McCrory on Budget & Economy

 

 


Creating jobs, cutting taxes, spending smarter

Source: 2022 North Carolina Senate campaign website PatMcCrory.com , Apr 22, 2021

Tax & unemployment overhaul helped economic crisis recovery

Our spirit of resilience helped North Carolina recover from our economic crisis. When I took the oath of office in January, 2013, North Carolina taxes were among the highest in the Southeast. But working together, we passed historic tax reform that put more money in people's paycheck. It was the first major overhaul of our tax system in nearly 80 years. And two years ago, because of our badly outdated unemployment insurance system our businesses owed the federal government $2.5 billion. But drawing upon our resilience we reformed our unemployment program. We not only aligned our benefits with neighboring states, we also devised a plan to pay off our debt this year, a full 3 years ahead of schedule.

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.

Source: State of the State address to 2015 N.C. Legislature , Feb 4, 2015

Other candidates on Budget & Economy: Pat McCrory on other issues:
NC Gubernatorial:
Al Pisano
Dan Forest
Holly Grange
Roy Cooper
NC Senatorial:
Cal Cunningham
Chris Rey
Deborah Ross
Eric Mansfield
Garland Tucker
Paul Wright
Richard Burr
Sandy Smith
Sean Haugh
Thom Tillis

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AK: Incumbent Lisa Murkowski(R)
vs.Challenger Kelly Tshibaka(R)
AL: Incumbent Richard Shelby(R)
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vs.Ambassador Lynda Blanchard(R)
vs.State Rep. John Merrill(R)
AR: Incumbent John Boozman(R)
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AZ: Incumbent Mark Kelly(D)
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vs.CEO Jim Lamon(R)
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CA: Incumbent Alex Padilla(D)
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CO: Incumbent Michael Bennet(D)
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CT: Incumbent Richard Blumenthal(D)
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FL: Incumbent Marco Rubio(R)
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GA: Incumbent Raphael Warnock(D)
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HI: Incumbent Brian Schatz(D)
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IA: Incumbent Chuck Grassley(R)
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ID: Incumbent Mike Crapo(R)
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IL: Incumbent Tammy Duckworth(D)
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IN: Incumbent Todd Young(R)
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KS: Incumbent Jerry Moran(R)
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KY: Incumbent Rand Paul(R)
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MD: Incumbent Chris Van Hollen(D)
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NC: Incumbent Richard Burr(R,retiring)
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OR: Incumbent Ron Wyden(D)
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PA: Incumbent Pat Toomey(R,retiring)
vs.HSBC whistleblower Everett Stern(R)
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vs.Commissioner Val Arkoosh(D)
vs.Ambassador Carla Sands(R)
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vs.State Rep. Malcolm Kenyatta(D)
SC: Incumbent Tim Scott(R)
vs.State Rep. Krystle Matthews(D)
SD: Incumbent John Thune(R)
vs.State Rep. Billie Sutton(? D)
UT: Incumbent Mike Lee(R)
vs.Challenger Allen Glines(D)
vs.Challenger Austin Searle(D)
VT: Incumbent Patrick Leahy(D)
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WA: Incumbent Patty Murray(D)
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WI: Incumbent Ron Johnson(R)
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Page last updated: Jun 11, 2021