The Inside Scoop
Greensboro pork?
Greensboro made The Charlotte Observer over the weekend – as an example of how state budgets have been padded with gifts to special interests or projects that don't pay off.
From the story:
“Four years ago, state legislators gave $2 million to the city of Greensboro to launch a “Hall of Champions” for the Atlantic Coast Conference. It was to showcase the ACC's athletic heroes, an idea pushed by Kay Hagan, then a state senator, and other legislators.
“Since that time, no additional money has been raised for the project, which was expected to cost $23 million. The city bought the building but backed out of using it for the hall.
“The ACC Hall of Champions is a relatively small project. But it shows how the General Assembly's spending customs can get it into trouble when revenues start plummeting.”
Read the whole story here: http://www.charlotteobserver.com/597/story/778124.html
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