What about Washington D.C., particularly the ruling Democrat Party, makes them think that the American people are thirsting for bigger government, more spending, and higher taxes? Why do they think the American people are stupid enough to fall for their economic nonsense? The professional D.C. class has been flipping cartwheels since U.S. Senator Joe Manchin, D-WV, agreed...
The North Carolina Legislature released its latest proposed budget Tuesday night which includes raises for teachers and state employees, a school safety fund, and money for capital and infrastructure projects.
The North Carolina House passed a bill Tuesday evening that would direct the state's health agency to come up with a Medicaid Modernization Plan. The bill lays out the fiscal requirements that the members would require in order to vote expand Medicaid to an estimated 600,000 new enrollees.
North Carolina Senate Democrats held a press conference Wednesday, June 15 to announce their “North Carolina Families Plan.” Sen. Jay Chaudhuri, Wake, said the plan was based on different pieces of legislation and the budget proposals laid out by Democratic Gov. Roy Cooper.
The Federal Reserve announced an increase in interest rates Wednesday, the largest increase in a single meeting in nearly 30 years. The Biden Administration is blaming Putin and says inflation is global. Economists tell a different story.
North Carolina Senate Democrats have filed a bill for what they call a $200 gas tax rebate. Only people with a valid driver's license would get the rebate. Senate Minority Leader Dan Blue, D-Wake, said they would not support permanently lowering income taxes for everyone. Instead, they call to use $1.3 billion or 20% out of the anticipated $4.2 billion of this year’s state surplus to pay for the rebates.
A member of the North Carolina House of Representatives has proposed a bill that would allocate $10,112 from the general fund to NC State University’s College of Natural Resources in order to promote diversity in the game of pickleball.
State Treasurer Dale Folwell is drawing attention to North Carolina’s No. 2 ranking in a new assessment of states’ economic outlook. The Tar Heel State trails only Utah in the ranking from the American Legislative Exchange Council. “This is tremendous news for North Carolina,” Folwell said in a news release. “I applaud the General Assembly...
N.C. State Auditor Beth Wood’s office recently issued an audit that shows millions of dollars of Hurricane Florence disaster recovery funds were distributed with limited monitoring and/or without ensuring all recipients had a method to measure the results. In October 2018, the N.C. General Assembly enacted the Hurricane Florence Emergency Response Act after the hurricane...
Dr. Terry Stoops, director of the Center for Effective Education at the John Locke Foundation, responds to state government’s report that almost $800 million of a $1.7 billion Leandro education spending order remains unfunded. Stoops offered these comments during the April 5, 2022, edition of Spectrum News 1’s “Capital Tonight.”
A Vietnamese automaker has announced plans to build a $4 billion electric-vehicle assembly and battery-manufacturing plant at Triangle Innovation Point in Moncure, about 30 miles west of the Triangle. To attract the newly formed company, the state and Chatham County promise to spend nearly $1.2 billion in incentives over the next 32 years. Meantime, VinFast...
