Raleigh, N.C. – The state Department of Commerce announced North Carolina’s unemployment rate decreased 0.3 percentage points to 4.2 percent in June, an 11-year low that is 0.2 points below the national rate of 4.4 percent. Continue reading “North Carolina Unemployment Hits 11-Year Best, Beats National Average”
Cooper Administration: Republicans Protect 241,000 From Income Tax
Continue reading “Cooper Administration: Republicans Protect 241,000 From Income Tax”
Legislative Leaders to Dismiss Lawsuit After Cooper’s Unconstitutional Attempt to Expand Obamacare Thwarted
Raleigh, N.C. – Legislative leaders announced Thursday they will dismiss their lawsuit to stop Gov. Roy Cooper from unconstitutionally expanding Obamacare, after receiving word from the federal Centers for Medicare and Medicaid Services (CMS) that the governor has not followed through on his threats to do so. Continue reading “Legislative Leaders to Dismiss Lawsuit After Cooper’s Unconstitutional Attempt to Expand Obamacare Thwarted”
N.C. Education Spending Rising Rapidly
Raleigh, N.C. – Public education spending is rising rapidly in North Carolina under Republican leadership, according to a visual analysis released by the state’s nonpartisan Fiscal Research Division this week. Continue reading “N.C. Education Spending Rising Rapidly”
Hundreds of Thousands Will No Longer Owe N.C. Income Tax: Fiscal Division
Raleigh, N.C. – The Fiscal Research Division of the North Carolina General Assembly projected this week that hundreds of thousands of low-income taxpayers will no longer owe any state income tax by 2019 thanks to several rounds of Republican tax relief. Continue reading “Hundreds of Thousands Will No Longer Owe N.C. Income Tax: Fiscal Division”
North Carolina Receives Four Top-Tier Economic Rankings in July 2017: Business, Bond Ratings, Startups and Budget Solvency
Raleigh, N.C. – In July 2017 North Carolina received four national economic distinctions as the #1 state for starting a business in a study released July 3, the #5 best state for business in CNBC rankings on July 11, one of only twelve states with a unanimous ‘AAA’ bond rating on July 6, and on July 11 was reported as the #5 state for budget solvency by a George Mason University Mercatus Center study. Continue reading “North Carolina Receives Four Top-Tier Economic Rankings in July 2017: Business, Bond Ratings, Startups and Budget Solvency”
N.C. Education Budget Highlights 2017-19
Raleigh, N.C. – North Carolina’s 2017-2019 education budget includes a net increase of more than $818 million dollars and a fourth consecutive teacher salary increase by the state General Assembly. Continue reading “N.C. Education Budget Highlights 2017-19”
North Carolina One of 12 States With Unanimous “AAA” Bond Rating
Raleigh, N.C. – North Carolina State Treasurer Dale R. Folwell announced Thursday that the nation’s three major bond rating agencies – Fitch, Moody’s and S&P – have all reaffirmed the state’s “AAA” bond rating, making North Carolina one of only 12 states to obtain a unanimous top-tier evaluation. Continue reading “North Carolina One of 12 States With Unanimous “AAA” Bond Rating”
House Fulfills Job Growth Agenda, Adjourns
Raleigh, N.C. – The North Carolina House of Representatives adjourned the 2017 long legislative session of the state General Assembly on Friday after enacting a historic state budget, providing more middle class tax relief and fulfilling a job growth agenda that has produced record savings, revenue surpluses and rapid economic growth. Continue reading “House Fulfills Job Growth Agenda, Adjourns”
Disaster Recovery Act of 2017 Approved by North Carolina House
Raleigh, N.C. – The state House of Representatives voted unanimously Wednesday to direct $100 million of disaster recovery funds in the state budget to aid Hurricane Matthew, tropical storm and wildfire recovery efforts spanning housing, infrastructure, agriculture, and education in communities across North Carolina. Continue reading “Disaster Recovery Act of 2017 Approved by North Carolina House”