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Old North News

Saturday, November 2, 2024

News from February 2024

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Foxx Statement on CR

By Old North News | Feb 29, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed her concerns regarding the House passage of the continuing resolution. Foxx criticized the Education Department's recent decisions, particularly the FAFSA expansion, which she believes would have negative consequences for the Pell Grant program.Foxx stated, "The Education Department’s latest FAFSA decision was another aspect of its botched FAFSA rollout. In the 11th hour without consulting Congress, the Department announced an expansion of the Pell Grant. This expansion...

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Owens to Hold Hearing Exposing Hypocrisy and Divisiveness of DEI Initiatives

By Old North News | Feb 29, 2024

WASHINGTON — On Thursday, March 7, at 10:15 a.m., the Subcommittee on Higher Education and Workforce Development, chaired by Rep. Burgess Owens (R-UT), will hold a hearing titled "Divisive, Excessive, Ineffective: The Real Impact of DEI on College Campuses."Chair Owens expressed his concerns about the state of Diversity, Equity, and Inclusion (DEI) initiatives, stating, “As a child growing up in segregation, I experienced separate bathrooms, water fountains, and schools. America has made significant strides, and it's appalling to see blatant discrimination,...

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Chair Bean to Hold Hearing on Charter School Success

By Old North News | Feb 28, 2024

Chairman Aaron Bean of the Subcommittee on Early Childhood, Elementary, and Secondary Education announced an upcoming hearing titled “Proven Results: Highlighting the Benefits of Charter Schools for Students and Families.” Bean emphasized the positive impact of charter schools, stating, “Charter schools have a sustained track record of raising students’ academic achievement and improving learning outcomes.” He also highlighted the demand for more charter school options, citing a 2022 national survey which found that “78 percent of parents and families want more public...

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North Carolina voters cite food prices, income erosion among key issues driving concerns with Biden's economic policies, poll shows

By Old North News | Feb 27, 2024

A recent poll conducted among North Carolina voters reveals that economic issues are at the forefront of their concerns. Commissioned by the League of American Workers (LAW), the survey indicates that 23 percent of respondents consider it their top worry. The poll also highlights that rising food prices and decreasing income, due to inflation, are the primary impacts affecting these voters and their families.

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Foxx, Good Demand Answers from PBGC Over Failure to Recover Taxpayer Dollars

By Old North News | Feb 26, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) and Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) have expressed their disappointment with the Pension Benefit Guaranty Corporation (PBGC) for its lack of responsiveness in recovering $127 million in taxpayer money. In a letter addressed to PBGC Director Gordon Hartogensis, Foxx and Good emphasized their concern over PBGC's failure to rectify the situation where taxpayer funds were sent to the Central States Pension Fund for non-existent pensions of deceased participants....

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League of American Workers president: 'Biden insists on chasing radical electric vehicle boondoggles'

By Old North News | Feb 23, 2024

Steve Cortes, founder and president of the League of American Workers (LAW), stated that President Joe Biden is "chasing radical electric vehicle boondoggles" at the cost of hardworking Americans through the Inflation Reduction Act's (IRA) allocation of Medicare savings for green energy projects.

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Seventy-four percent of North Carolina voters oppose allowing Chinese interests to own farmland in the state, according to new poll

By Old North News Report | Feb 23, 2024

Almost three-quarters of North Carolina voters oppose Chinese interests owning North Carolina farmland.

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AG Josh Stein: ‘The FTC and Congress must act to ensure fulsome regulation of PBMs nationwide’

By Old North News | Feb 22, 2024

State Attorney General Josh Stein (D-North Carolina) sent a letter to U.S. Congressional leadership this week saying Congress should “act to ensure fulsome regulation of pharmacy benefit managers (PBMs).

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Poll reveals pessimism among majority of North Carolina voters about their prospects in Biden’s economy

By Old North News | Feb 22, 2024

A recent survey of North Carolina voters, commissioned by the League of American Workers (LAW), indicates that two-thirds believe that the "American Dream" is increasingly unattainable for most people in the state. Additionally, 61 percent disapprove of President Joe Biden’s economic stewardship.

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Poll finds 83% of North Carolina voters oppose Inflation Reduction Act's use of Medicare savings for green energy projects

By Old North News | Feb 21, 2024

A recent survey commissioned by the League of American Workers (LAW) indicates that a significant majority of North Carolina voters, 83 to 10 percent, are against the utilization of Medicare savings for green energy projects. This provision is part of the Inflation Reduction Act (IRA) passed in 2022.

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VA provides 6,540 home loans in North Carolina totaling $2.1 billion in Q4 2023

By Old North News | Feb 21, 2024

The U.S. Department of Veterans' Affairs (VA) issued 6,540 home loans totaling $2.1 billion in North Carolina during the fourth quarter of the fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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Chairwoman Foxx on Biden Transferring Billions in Student Loan Debt to Taxpayers

By Old North News | Feb 21, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) criticized the Biden administration's decision to transfer $1.2 billion in student loan debt to taxpayers. In response to President Biden's implementation of the income-driven repayment (IDR) rule through the "Savings on a Valuable Education (SAVE)" plan, Chairwoman Foxx stated, "If President Biden spent half as much time working to address the root causes of our broken student loan system as he does peddling his illegal free college agenda, college costs would be lower, the student loan repayment process...

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Average VA Purchase Loan amount in North Carolina declines from Q3 to Q4 2023

By Old North News | Feb 20, 2024

The average VA Purchase Loan amount for North Carolina in the fourth quarter of fiscal year 2023 was $337,086, according to figures provided by the Veterans Affairs Home Loans Index

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VA home loan amount averages $327,241 in North Carolina for Q4 2023

By Old North News | Feb 20, 2024

The average VA loan amount in North Carolina during the fourth quarter of the fiscal year 2023 was $327,241, according to the Veterans Affairs Home Loans Index.

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North Carolina ranks 5th in total VA home loans during Q4 2023

By Old North News | Feb 19, 2024

North Carolina ranked fifth in VA home loans in the fourth quarter of 2023 with 6,540 loans issued, according to the Veterans' Affairs Home Loans Index.

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Number of VA loans issued in North Carolina decreases by 40.0% from 2022 to 2023

By Old North News | Feb 19, 2024

The U.S. Department of Veterans Affairs (VA) issued 24,519 home loans totaling $7.8 billion in North Carolina during the fiscal year 2023, according to the Veterans Affairs Home Loans Index.

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Average VA home loan amount in North Carolina falls in Q4 2023

By Old North News | Feb 19, 2024

The average VA home loan amount in North Carolina during the fourth quarter of the fiscal year 2023 was $327,241, a 1.2% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.

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North Carolina ranked 31st in average VA home loan amount in Q4 2023

By Old North News | Feb 17, 2024

With $327,241 in home loans issued, North Carolina ranked 31st in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.

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Almost four in five North Carolina voters oppose biological males competing in female sports, survey finds

By Old North News | Feb 16, 2024

A recent survey conducted by the League of American Workers (LAW) reveals that 76 percent of North Carolina voters consider it "unfair" for biological males to participate in female sports at high schools and colleges. This view is shared by 53 percent of self-identified Democrats and 82 percent of independents.

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VA issues fewer Interest Rate Reduction Refinance Loans in North Carolina in 2023 vs. 2022

By Old North News | Feb 15, 2024

The VA issued 24,519 Interest Rate Reduction Refinance Loans in North Carolina during the 2023 fiscal year, totaling $7.8 billion, according to figures provided by the Veterans Affairs Home Loans Index.