RALEIGH — The $1.9 trillion “COVID relief” bill just enacted by Congress and signed by President Joe Biden gives out $1,400 checks to most Americans. It boosts the child-tax credit, keeps weekly unemployment-insurance checks $300 higher than normal, and throws lots of other (borrowed) money around. I realize that, given the effects of the pandemic…

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Owners work to stabilize business among COVID-19 regulations and weather complications WASHINGTON, D.C. – The NFIB Small Business Optimism Index rose to 95.8 in February, a slight bump from January but still below the 47-year average reading of 98. The NFIB Uncertainty Index decreased five points to 75. “Small business owners worked hard in February to overcome…

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WASHINGTON, D.C. — The U.S. Chamber of Commerce’s China Center, in partnership with Rhodium Group, released a new analysis today examining the complexity of the U.S.-China economic relationship. A first-of-its-kind study, “Understanding U.S.-China Decoupling: Macro Trends and Industry Impacts” seeks to better understand the degree to which the U.S. and Chinese economies are intertwined and dependent on…

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by David Bass, Carolina Journal News Service RALEIGH — Following President Biden’s proposal to increase the minimum wage nationally to $15 an hour, a handful of Democrats in the N.C. legislature have introduced a bill that would set that same earnings benchmark for noncertified public school employees. Rep. Terence Everitt, D-Wake, introduced House Bill 5 that would…

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Plan more than doubles the federal minimum wage, expands paid leave mandates, and creates federal enforcement measures WASHINGTON, D.C. – The National Federation of Independent Business (NFIB), issued the following statement on behalf of NFIB Vice President of Federal Government Relations Kevin Kuhlman following the reveal of President-elect Biden’s stimulus plan: “It is an unprecedented time for small business…

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By Julie Havlak, Carolina Journal News Service RALEIGH — Lawmakers are fighting to help small businesses afford health insurance, but they’re running out of time. As the pandemic and the shutdowns wreck the economy, thousands of North Carolinians continue to lose their insurance. North Carolina has nearly 1.2 million uninsured residents. Gov. Roy Cooper and his allies…

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by Julie Havlak Each week, staff at Carolina Journal looks back at the week in N.C. politics and chooses several interesting, relevant stories you may have missed. Biden appointee: The Biden administration is tapping North Carolina’s top environmental official to lead the Environmental Protection Agency, according to multiple reports. Michael Regan, secretary of the N.C.…

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WASHINGTON, D.C. — Multiple media outlets are reporting that Joe Biden plans to nominate Michael Regan, the current Secretary of the N.C. Department of Environment Quality (NCDEQ), to head the Environmental Protection Agency (EPA). Governor Roy Cooper appointed Regan to his current post in 2017. As of this post, Regan is not yet listed among…

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