Debt

Business & Economy
9:34 am
Fri April 25, 2014

Tar Heel State In Bottom-Third Nationally For Financial Literacy; What We're Doing About It

The North Carolina Bankers Association has set up a new center to develop curriculum that can help state residents better manage their finances.
Credit 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.

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The State of Things
12:32 pm
Fri October 18, 2013

Congressmen Reflect On Vote To End Shutdown

Credit Lawrence Jackson, whitehouse.gov.

  

Wednesday night, the House of Representatives overwhelmingly voted to end the government shutdown and raise the debt ceiling.

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Politics & Government
6:50 am
Wed November 28, 2012

Leaders Urge Congress To "Fix the Debt"

Some prominent North Carolinians are joining a national campaign to "Fix the Debt". North Carolina's "Fix the Debt" campaign hopes to set a bipartisan example with former Republican governor Jim Holshouser and former Democratic governor Jim Hunt standing side-by-side.

Jim Hunt: "Everyone in Washington worthy of representing the American people must be willing to compromise."

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Politics & Government
9:16 pm
Tue April 24, 2012

President Obama Talks Student Loan Debt At UNC

President Obama brought his message of affordable education for all to the Tar Heel State as part of a day-long college tour.

Gurnal Scott: University of North Carolina juniors Maria Rodriguez, Emalyn Penn and Mariella Albarado sat together at UNC's Carmichael Arena hoping for specific words to come from the President.

Maria Rodriguez: I want to hear him say that there are going to be cheap student loans. That's exactly what I want to hear him say.

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Politics & Government
5:05 am
Tue July 26, 2011

Debt Crisis Debate in NC

Fiscal policy experts and money managers came together today at UNC-Chapel Hill to debate the country’s impending debt crisis. 

U.S. Senator Kay Hagan told the crowd – it’s time for shared sacrifices as the country gets close to hitting its 14-point-3 trillion dollar debt ceiling.

Kay Hagan:  "And I think that’s where the public is going to have to get involved and say, you know, Washington, it’s time to put those partisanship battles aside, this is serious stuff."

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Politics & Government
1:23 pm
Wed July 20, 2011

NC Senators Support Gang of Six Proposal

North Carolina's U.S. senators say they're on board with a new proposal to decrease the national debt. A bipartisan proposal released Tuesday from a group of six senators would attempt to cut the deficit by $4 trillion over the next decade. The plan from the so-called "Gang of Six" cuts spending from the defense budget, Medicare and Medicaid. It also increases some tax revenues. Democratic Senator Kay Hagan says she supports the proposal.

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Politics & Government
5:30 am
Tue July 19, 2011

NC Members Reflect Debt Impasse

Members of Congress from North Carolina are weighing in on the talks in Washington about the debt ceiling. The country could default on its debt after August 2nd if a deal isn't reached between Congress and the White House. Much of the impasse centers around taxes. Second district Representative Renee Ellmers says she is with her Republican colleagues who say tax increases are off the table.

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