N.C. debt, 2000-2008


How much has state debt gone up in the last eight years?

According to the state treasurer's office, debt supported by the general fund and the highway trust fund has increased from $2.5 billion to $6.7 billion since 2000.

Democratic state Sen. Kay Hagan was a budget co-chairwoman from 2002 to 2007. 

During those years, debt went from $3.5 billion to $6.9 billion — nearly doubling. (The debt in 2002 was $3,458,244,986 and in 2007 was $6,872,210,272 — an increase of $3,413,965,286.)

A complete list after the jump.

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North Carolina's total debt, including general obligation and highway trust fund backed debt:

2000: $2.5 million
2001: $3 million
2002: $3.5 million
2003: $4.1 million
2004: $5.5 million
2005: $6.4 million
2006: $6.4 million
2007: $6.9 million
2008: $6.7 million

SOURCE: N.C. State Treasurer 

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Re: N.C. debt, 2000-2008

Learn from another state. Why not try legalizing marijuana, because you know its never leaving. Then the government can tax it and pay off the DEBT that is increasing yearly. I will feel better knowing the government is selling it safetly by not selling to ages over 21 like alcohol. Also knowing the government is selling it stops from people being tricked into other drugs because their marijuana was laced. A excellent thing to think about look at other areas where it is legal and look and how much they don't owe.