Economy
While many critical investments are needed, this bill marks one of the many steps to tackle climate change, make health care affordable and ensure corporations are paying their fair share.
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State Republican legislative leaders released their state budget proposal on Tuesday, with measly pay raises for educators and state employees and no mention of Medicaid expansion. The proposed budget also fails to deliver on one of our state’s key constitutional obligations in fully funding our public schools.The budget increases pay for state employees by 1…
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A new report from the U.S. Census Bureau ranks North Carolina 44th out of 50 states and the District of Columbia in spending per student. According to the report, in fiscal year 2020, North Carolina provided $9,958 per student, compared to the national average of $13,494. When adjusted for inflation, The Pulse found that the…
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Ahead of this year’s Tax Day, a report found that U.S. billionaires have gotten $1.7 trillion richer over the first two years of the pandemic, while four of the state’s billionaires got $6 billion richer, according to an analysis by Americans for Tax Fairness and Action NC. The dramatic increase in wealth comes in contrast…
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While millions of Americans are recovering from the financial hardships caused by the pandemic, Republicans are pushing forth a new tax plan that will raise taxes for everyone. Florida Senator Rick Scott, the head of the National Republican Senatorial Committee, released an “11-point plan to rescue America” that included a proposal for all Americans to…
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Less than one week after President Biden signed the Bipartisan Infrastructure Deal into law, the U.S. House passed President Biden’s Build Back Better Act, moving the bill one step closer to becoming law. The Build Back Better Act currently moving through Congress boasts an array of historic investments into child care, home care, affordable housing,…
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During a news conference Tuesday, North Carolina Governor Roy Cooper announced that he will sign the final budget presented by state Republicans, despite what he called “missed opportunities and misguided policy”. “I will sign this budget because, on balance, the good outweighs the bad,” Gov. Cooper said. “It moves North Carolina forward in important ways,…
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On Monday, President Biden signed the Infrastructure Investment and Jobs Act into law, a bipartisan victory that will deliver a once-in-a-generation investment into the nation’s roads, broadband, utilities and more. In North Carolina specifically, this historic deal pours funding into our state’s roads and bridges, improves ports and airports, and ensures every North Carolinian has…
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Nearly two months into the new fiscal year, North Carolina Republican legislative leaders are doing what they know best; focusing on divisive side issues while ignoring the real needs of our state. In the past few weeks, Republicans in both chambers have presented budgets that signal business as usual — controversial measures, heavy on tax…
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Last week, former NC Rep. David Lewis, became the state’s latest prominent Republican to become a convicted felon. Lewis, who funneled campaign dollars to his family farm, pleaded guilty to making false statements to a bank and for failing to file a 2018 federal tax return. Lewis will be sentenced at a later date, but…
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