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ECONOMY - Cardinal & Pine

Higher insurance rates could crush NC homeowners

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North Carolina homeowners and renters could be hit with higher insurance rates later this year, and in the state’s coastal counties like Cartaret, New Hanover, and Brunswick, those rates could be astronomically higher. In January, the North Carolina Rate Bureau (NCRB) proposed an average insurance rate increase of 42.2% statewide, which was rejected by Commissioner […]
ECONOMY - Cardinal & Pine

VIDEO: What Was the Most Important Part of the 2021 Child Tax Credit?

WATCH: Charlotte’s Stacy Staggs says the government should work for its people! 💪🏻 We talked to Staggs about a new push to restore the pandemic-era child tax credit payments. The temporary reform proposed by President Biden cut childhood poverty in half during the COVID-19 pandemic. Federal lawmakers did not extend the tax credit, but there’s […]
ECONOMY - Cardinal & Pine

VIDEO: Biden Administration Helps NC Entrepreneurs Get $92 Million To Grow Their Businessses

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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 on helping historically underserved entrepreneurs. Michael McElroy, Cardinal and Pine’s political correspondent, […]
ECONOMY - Cardinal & Pine

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 (@cardinalandpine)
ECONOMY - Cardinal & Pine

Three years later, here’s how Biden’s American Rescue Plan has impacted North Carolina

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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, 2021, President Joe Biden signed the American Rescue Plan Act (ARPA) into law. […]