All tagged money
The Social Security Board of Trustees today released its annual report on the long-term financial status of the Social Security Trust Funds. The combined asset reserves of the Old-Age and Survivors Insurance and Disability Insurance (OASI and DI) Trust Funds are projected to become depleted in 2034, one year earlier than projected last year, with 78 percent of benefits payable at that time.
The N.C. House will take up sports betting legislation after a bill to expand wagers statewide passed in the Senate last week.
Senate Bill 688 was read for the first time in the House on Tuesday, Aug. 24. The legislation was then referred to the Committee on Rules, Calendar, and Operations of the House.
The state auditor found that the town of Hertford made several questionable financial decisions, under the guidance of its former Mayor Pro Tem Quentin Jackson.
The North Carolina Department of Health and Human Services is seeking public comment on the revision of the proposed 2021–2023 North Carolina Community Services Block Grant (CSBG) State Plan, which outlines how the state will facilitate the CSBG program over the next two years.
Filmmakers producing projects in North Carolina are on track to invest a record amount of money in the state in 2021, Governor Roy Cooper announced earlier today during a press conference at EUE/Screen Gems Studios in Wilmington. The spending amount of $409 million is the largest tally seen in the state since the creation of the North Carolina Film and Entertainment Grant in 2014. Combined, these productions will create more than 25,000 job opportunities for North Carolina’s highly skilled film professionals and background talent.
Attorney General Josh Stein today announced that as a result of his January coal ash settlement with Duke Energy, electricity customers will save approximately $215 million in future energy costs. These funds are a result of 14 settlements that Duke Energy reached with 23 insurance companies over coal ash coverage policies, the last of which was settled this week.
Former state lawmaker David Lewis will serve two years of supervised release and is ordered to pay a $1,000 fine, a spokeswoman for the U.S. Attorneys Office told Carolina Journal.
Budgets passed with bipartisan support in both chambers of the General Assembly fund a number of provisions in the ongoing Leandro school funding legal case, but critics still contend the money falls short of the mark.
The North Carolina Rural Infrastructure Authority (RIA) has approved 21 grant requests to local governments totaling $5,916,198, Governor Roy Cooper announced today. The requests include commitments to create a total of 1,200 jobs, 661 of which were previously announced. The public investment in these projects will attract more than $546 million in private investment.
Attorney General Josh Stein reached a $75 million multistate settlement with pharmaceutical company Bristol-Myers Squibb over allegations that it overcharged state Medicaid programs for drugs. North Carolina will receive $2,490,905.91.
The House budget passed its third and final reading in a bipartisan vote Thursday afternoon, shining a spotlight on infrastructure, growth, and innovative projects to propel the state forward.
Steffes, LLC, a steel fabrication company, will create 130 new jobs in Cleveland County, Governor Roy Cooper announced today. The company will invest $20.9 million to locate a new manufacturing facility in the City of Shelby.
Carolina Journal recently reported on the second quarter federal fundraising numbers for declared U.S. Senate candidates in North Carolina.
Amgen Inc., the pioneering biotechnology company, will build a new biologics manufacturing operation in Holly Springs, creating 355 jobs, Governor Roy Cooper announced today. The company intends to invest $550 million in Wake County.
How much say should the public have about public education? Parental revolts against “wokeness” fads in the classroom are all the rage right now, but gaps between public preferences and the practice of public education didn’t suddenly begin a few months ago. They’ve been around for decades.
Public school districts in North Carolina have received about $5.3 billion in COVID-related relief from the federal government. But, on average, school leaders have spent just 13% of that money.
North Carolina Department of Health and Human Services Secretary Mandy K. Cohen, M.D. today announced the second round of winners of the state’s Your Shot at A Million Summer Cash Drawing and Summer Cash 4 College drawings at the State Emergency Operations Center in Raleigh.
The North Carolina Land and Water Fund (NCLWF), formerly known as the Clean Water Management Trust Fund, will help conserve lands and protect waterways serving millions of North Carolinians through over $20 million in grants awarded in 2020 to help fund 65 projects throughout the state.
It’s now a time in North Carolina to dismiss policy based on politics and embrace a move toward legislation focusing on common sense, John Locke Foundation legislative experts said in a policy debate forum on Monday.
