RSSCategory: NC Stateline

Duke Energy, eastern power agency sign $1.2 billion deal

| July 29, 2014 | 0 Comments
Duke Energy, eastern power agency sign $1.2 billion deal

by Bruce Henderson, Charlotte Observer, July 28, 2014. Duke Energy Progress has agreed to buy for $1.2 billion the interests that Eastern North Carolina municipal power systems own in four Duke power plants, the parties said Monday. The agreement, which capped several months of negotiation, deeply cuts into the debt that for decades has forced 32 […]

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Cooper: NC to stop defending marriage amendment

| July 29, 2014 | 1 Comment
Cooper: NC to stop defending marriage amendment

by Amanda Lamb, WRAL, July 28, 2014. Following a federal appeals court ruling Monday that Virginia’s same-sex marriage ban is unconstitutional, North Carolina Attorney General Roy Cooper said his office would no longer oppose challenges to the state’s constitutional amendment outlawing same-sex marriage. A three-judge panel of the 4th U.S. Circuit Court of Appeals in […]

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Budget writers reach agreement on framework

| July 27, 2014 | 0 Comments
Budget writers reach agreement on framework

by Mark Binker, WRAL, July 26, 2014. Top leaders in the House and Senate say they have agreed to the framework that will allow them to complete a budget deal in the coming week – a month behind schedule. According to multiple sources, the $21 billion spending plan will provide slightly more than a 7 […]

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State tax cut costs ballooning

| July 26, 2014 | 1 Comment
State tax cut costs ballooning

by Laura Leslie, WRAL, July 25, 2014. New figures from legislative analysts confirm the 2013 cut to individual income tax rates is costing the state far more than originally projected. Last year, Republican leaders authored a plan to cut income taxes from a three-tiered marginal system of 6 percent, 7 percent and 7.75 percent to […]

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New coal ash landfill illustrates bigger challenge for NC

| July 25, 2014 | 0 Comments
New coal ash landfill illustrates bigger challenge for NC

by Craig Jarvis, News and Observer, July 24, 2014. An idea of just how big North Carolina’s coal-ash problem is can be found north of the Triangle on the Virginia border in Person County. There, one small step toward cleaning up accumulated decades of residue from coal-fired power plant combustion is about to begin at […]

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Commissioner: ‘Consent to rate’ requests a problem

| July 25, 2014 | 1 Comment
Commissioner: ‘Consent to rate’ requests a problem

by Monica Laliberte, WRAL, July 21, 2014. Most people think they already pay too much for homeowner’s insurance, but what if the bill suddenly jumped 33 percent or even 70 percent? Many people are getting letters saying if they don’t agree to it, their coverage will be canceled. The letters from insurance companies are going […]

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Rural-urban divide rears its head in sales tax debate

| July 24, 2014 | 0 Comments
Rural-urban divide rears its head in sales tax debate

by Mark Binker and Cullen Browder, WRAL, July 23, 2014. The Senate has given tentative approval to a package of sales tax and economic development changes, but not before laying bare simmering resentments between senators from rural and urban areas. Much of the bill concerns giving the Commerce Department new ways to lure businesses. For […]

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Forbes: Raleigh is ‘best place’ for business, careers

| July 24, 2014 | 0 Comments
Forbes: Raleigh is ‘best place’ for business, careers

by WRAL Techwire, July 23, 2014. Raleigh vaults to No. 1 from No. 3 a year ago on the latest “Best Places for Business and Careers” report from Forbes magazine. The 16th annual survey cites lower business costs, the broad level of advanced education and the presence of tech hub RTP as key factors in […]

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More NC children living in poverty

| July 22, 2014 | 0 Comments
More NC children living in poverty

by Tara Lynn, WRAL, July 22, 2014. Despite making significant gains in health and education in the last eight years, North Carolina ranks 34th nationally in overall child well-being, according to a report released Tuesday by the Annie E. Casey Foundation. The KIDS COUNT Data Book, available in its entirety online, examines 16 measures of child […]

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Senate moves closer to House positions in budget talks

| July 16, 2014 | 1 Comment
Senate moves closer to House positions in budget talks

by Lynn Bonner, Charlotte Observer, July 16, 2014. Republican senators said Tuesday they would give teachers 8 percent rather than 11 percent raises and cut fewer elderly people from Medicaid in their latest state budget offer that moves Senate positions on contentious items closer to House preferences. The new Senate proposal was the first major move in […]

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