The Biden administration has announced tens of millions of dollars in new funding to help women-and minority owned small-businesses in North Carolina get started and grow. The money, from the American Rescue Plan, will go to 10 venture capital funds in Durham focused...
VIDEO: President Biden Proposes a 25% Tax on Billionaires to Help Fund Programs for All Americans
What do YOU think about Biden’s plan to tax billionaires to fund affordable childcare, paid family leave, and better home care and elder care programs? View this post on Instagram A post shared by Cardinal & Pine...
Three years later, here’s how Biden’s American Rescue Plan has impacted North Carolina
The American Rescue Plan turns three today. Here’s how President Biden’s first signature accomplishment not only invested billions of dollars into North Carolina’s economy, but also made a difference in the lives of millions of people. Three years ago, on March 11,...
Biden takes aim at high costs during State of the Union speech
Biden called on Congress to pass a mortgage relief credit that would give first-time homebuyers an annual tax credit of up to $5,000 a year for two years. He also endorsed legislation to build and renovate roughly 2 million homes and vowed to crack down on “big landlords who break antitrust laws by price-fixing and driving up rents.”
Josh Stein proposes a ‘Working Families’ Tax Cut’
According to Stein’s campaign, the average working family in the state could receive upwards of $520 back under his plan to reinstate the State Earned Income Tax Credit, while families with three children or more could see up to $1,486 back in their pockets. ...
Biden proposes new actions to address housing shortages and high costs
The actions announced last week will promote fairer rental markets, boost the supply of affordable housing and manufactured homes, and help families who are struggling to make ends meet.
17 veteran-owned businesses to support in North Carolina
Show your support for our state’s veterans by becoming a patron of these businesses.
We asked North Carolinians if child tax credit payments helped them. Here’s what they said.
Most of the North Carolinians we talked to said the Biden tax credit payments made a big difference at the end of each month. Right now, there’s a push in DC to restore them.
Rural NC communities get grant funding to address healthcare, infrastructure issues
The North Carolina Rural Infrastructure Authority (RIA) this month gave the greenlight to fund eight projects in communities across North Carolina, providing $1.5 million dollars to support a variety of projects and help create 270 jobs. “These funds make strategic...
Overdraft fees could drop to as low as $3 under new Biden proposal
The change could potentially eliminate billions of dollars in fee revenue for the nation’s biggest banks, which were gearing up for a battle even before Wednesday’s announcement. Exactly how much revenue depends on which version of the new regulation is adopted.