Savin’ in the Rain

Why North Carolina Must Not Cave to Spending Demands

Every family knows that their savings account is crucial. But for some reason, too many people don’t understand the concept when it comes to government.

There’s been a target on North Carolina’s “rainy day fund” ever since the new Republican majority in the General Assembly made it a priority nearly a decade ago.

Gov. Roy Cooper attacked it during the 2016 campaign, and his Democratic colleagues and the media have consistently criticized it over the years. The thinking goes, if there’s money available, go ahead and spend it. You’re always going to tax people again next year.

Thankfully, our legislators have resisted the temptation and have prudently managed the state budget, putting aside billions of tax money for future use. That rainy day fund came in handy in 2018 as two major hurricanes battered eastern North Carolina.

Our state is currently facing a new kind of storm in the form of COVID-19.

Now the same people who’ve decried the rainy day fund in years past are demanding that the sta…