I’ve got mail:
Subject: Joint Republican Caucus
To: Joint Republican Caucus Members
There will be a Joint Republican Caucus meeting Wednesday, May 27th at 8:30 AM in the General Assembly Auditorium, 3rd Floor Legislative Building.
Governor Pat McCrory will speak to us regarding his Bond Proposal. The meeting will probably last an hour. Please be on time. We will start promptly at 8:30 and want to have time for questions.
Please contact me if you have any questions.
Representative Pat Hurley
Joint Republican Caucus Leader
Thank goodness I got this. (I thought Gov. Pat and I were penciled in for drinks at Sullivan’s.)
Seriously, it sounds like the agenda involves selling the idea that bond issues and tax increases are independent concepts. When bond issues are approved, the state and its residents are on the hook for a certain dollar amount. We’re borrowing money because we don’t HAVE that certain dollar amount standing by. Revenue to pay off the loan must be raised. How is that done? More money has to be extracted from the
suckers taxpayers. You do that by increasing the cost of living and breathing in North Carolina. THAT can include tax increases.
Well, it appears the hard sell for Gov. Pat’s bond issue has gone into full swing inside the caucus: