Budget

A picture of a calculator and a balance sheet.
Kenteegardin / Flickr

Banks, businesses and non-profits are joining forces to help North Carolianians take control of their money.

A report from the finance web site WalletHub found that the Tar Heel State ranks in the bottom-third nationally for financial literacy.

Jan Dillon is the director of the new North Carolina Center for Financial Literacy.  She said financial literacy is knowing the skills to live comfortably within one's means, like budgeting, saving and planning.

Wikimedia

  Yesterday the United States House of Representatives reached a two-year budget agreement with concessions on both sides.

The GOP doesn’t touch entitlements and the Democrats get no new taxes. Host Frank Stasio talks to News Channel 14’s Washington reporter Geoffrey Bennett, and Scott Mooneyham, editor for NC Insider.

Congressman David Price
price.house.gov

Rep. David Price (D-NC) plans to vote for the budget agreement, proposed on Wednesday by representatives Paul Ryan (R-WI) and Patty Murray (D-WA). Though he's not convinced it will be enough in the long run.

"It's hard to imagine sequestration looming over us for ten years," said Price.  "We are going to need to do something bigger and ambitious at some point."

"It does not necessarily mean we're on our way to larger agreements," Price added.

A student holds a sign in support of teachers outside a demonstration at Durham's EK Powe Elementary School.
Dave DeWitt

    

Yesterday, hundreds of North Carolina teachers staged “walk-ins” to protest recent cuts to spending and another year without raises.

But many Republican lawmakers claim the state’s education budget is actually higher than it has ever been. Host Frank Stasio talks with Dave DeWitt, WUNC’s Raleigh Bureau Chief and Education Reporter about the politics behind yesterday’s walk-ins.

unc.edu

On Saturday UNC Chapel Hill inducted its first female chancellor, Carol Folt.

NC Biotech
NC Biotechnology Center

Major cuts have been made to education and training programs at the North Carolina Biotechnology Center.  When the latest state budget was signed, the North Carolina Biotech Center was told it had to cut 27% of its budget.  That meant a cut of $4.6 million.

Norris Tolson is president and CEO of the Biotech Center.  He says an example of programs they had to cut were the Summer Workshops for Educators, that trained 200 teachers a year.

McCrory spoke about his decision to sign HB 589 in a video.
NC Governor's Office

Governor Pat McCrory signed a bill today that requires voters to present a photo ID at the polls, despite opposition from Attorney General Roy Cooper. In addition to requiring a form of photo ID for voters, the bill also shortens early voting by one week. Hours after he signed the bill, the American Civil Liberties Union, the ACLU of North Carolina and the Southern Coalition for Social Justice filed a lawsuit challenging the bill.

Gov. Pat McCrory
Gurnal Scott

Governor Pat McCrory has a teaching degree. His grandmother was a teacher and his sister taught for 20 years in Wake County. He says frequently that he respects the profession and that teachers are the most important part of the state’s public education system.

The Governor continued that line of praise in his speech at the North Carolina Chamber of Commerce’s Education summit.

“I have a great admiration for teachers and they have a greater challenge than any of us have in this room at this point in time,” he said.

Small businesses in Brightleaf Square shopping center.
Laura Candler

It depends on what you consider good for business. If you head to the North Carolina Department of Commerce’s website, you can see many of the positive rankings North Carolina has received from business media outlets: No. 1 Best Business Climate from Site Selection in 2012, No. 4 Best State for Business by Forbes in 2012, No. 4 America’s Top States for Business by CNBC in 2012.  Most of the organizations doing the ranking look at a similar group of factors, although they each give those factors different weight in their decisions.

General Assembly
Dave DeWitt

Both houses of the State Legislature have passed a final $20.6 billion dollar budget. Much of today's debate in the House and Senate centered on the cuts to public education. Those cuts include eliminating about 2,000 teacher assistant positions and ending teacher tenure.

"You cut a half a billion dollars out of education in this budget in order to make up for the tax giveaway that you did for the wealthy and the out-of-state corporations," said Democrat Martin Nesbitt,  the Senate Minority Leader.

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