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Old North News

Saturday, November 2, 2024

News from March 2024

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Average VA home loan amount in Alabama for Q1 totals $317,638

By Old North News | Mar 31, 2024

The average VA home loan amount in North Carolina during the first quarter of the fiscal year 2024 was $317,638, according to the Veterans Affairs Home Loans Index.

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North Carolina collects $568 million in license tax revenue in Q4

By Old North News | Mar 30, 2024

North Carolina collected $568 million in license taxes during the fourth quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s combined tax revenues up 0.5% in Q4 compared to same quarter of the previous year

By Old North News | Mar 29, 2024

North Carolina collected $9.1 billion in combined tax revenues, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s sales and gross receipts tax revenue up 42.6% in Q4 compared to previous quarter

By Old North News | Mar 27, 2024

North Carolina collected $4.5 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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North Carolina’s sales and gross receipts tax revenue up 52.1% in Q4 compared to same quarter of the previous year

By Old North News | Mar 26, 2024

North Carolina collected $4.5 billion in sales and gross receipts taxes, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.

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NC voters’ economic concerns include housing costs, rising inflation

By Old North News | Mar 26, 2024

The U.S. Bureau of Labor Statistics (BLS) has published new data indicating a rise in inflation in February, partially due to escalating housing costs. A poll conducted in February by the League of American Workers (LAW) revealed that 33% of North Carolina voters view housing costs as a primary concern amid increasing inflation rates.

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Polling shows North Carolinians disapprove of Biden administration's job with economy

By Old North News | Mar 25, 2024

The most recent data from the U.S. Bureau of Labor Statistics (BLS) indicates that escalating gas prices have played a significant role in the inflation surge witnessed in February. A poll conducted by the League of American Workers reveals that 61 percent of those surveyed expressed dissatisfaction with the economic state under President Joe Biden's administration.

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VA provides 198.5% more home purchase loans in North Carolina in Q4 2023

By Old North News | Mar 23, 2024

There were 5,149 VA home purchases in North Carolina in the fourth quarter of the VA's fiscal year 2023, totaling $1.7 billion in loans, according to figures provided by the Veterans Affairs Home Loans Index.

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VA provides 5,149 home purchase loans in North Carolina in Q4 2023

By Old North News | Mar 22, 2024

There were 5,149 VA home purchase loans issued in North Carolina in the fourth quarter of the fiscal year 2023 totaling $1.7 billion, according to figures provided by the Veterans Affairs Home Loans Index.

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Foxx: ED’s FAFSA Fallout Continues

By Old North News | Mar 22, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed strong criticism towards the Department of Education's handling of the Free Application for Federal Student Aid (FAFSA).Foxx called out the Department for its ongoing errors in the FAFSA rollout, stating, "Biden’s Education Department is at it again—today announcing it botched hundreds of thousands of aid packages for families with no timeline on fixing those errors. This is after a bungled launch filled with technical errors left millions of students and families still...

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Chairwoman Foxx Delivers Opening Remarks at Markup to Bolster Workforce and Advance Academic Freedom

By Old North News | Mar 21, 2024

WASHINGTON – Today, Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) delivered the following statement at the Committee's markup session. Foxx expressed gratitude towards her colleagues for their efforts in drafting legislative measures aimed at strengthening education and workforce-related issues.Foxx highlighted the significance of the bills under discussion, emphasizing the Committee's commitment to enhancing parents' rights, lowering college costs, and promoting student achievement. She stressed the importance of maintaining viewpoint neutrality...

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EdWorkforceCmte Advances Bills to Help Students and Workers Succeed

By Old North News | Mar 21, 2024

WASHINGTON –Today, the Education and the Workforce Committee advanced four bills to support students and workers: H.J. Res. 116, H.R. 6418, H.R. 3724, and H.R. 7683. Education and the Workforce Committee Chairwoman Virginia Foxx expressed the importance of these bills, stating, "Partisan accreditors, political litmus tests, and the degradation of Constitutional rights on campus are reducing the value of education programs and setting students back."H.J. Res. 116 aims to nullify the Biden administration’s independent contractor rule and uphold entrepreneurial opportunities...

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Education and Workforce Committee to Mark Up Bills for Workforce and Academic Freedom

By Old North News | Mar 20, 2024

WASHINGTON – Tomorrow, at 10:15 a.m., the Education and the Workforce Committee will mark up H.J. Res. 116, a Congressional Review Act resolution to nullify the Biden administration’s independent contractor rule; H.R. 6418, the Empower Charter School Educators to Lead Act; H.R. 3724, the Accreditation for College Excellence Act of 2023; and H.R. 7683, the Respecting the First Amendment on Campus Act."The Biden administration, bureaucrats, and radical education administrators are holding students and workers hostage with their we-know-better-than-you policies. It’s no...

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Chair Good Delivers Opening Remarks at Hearing Conducting Oversight of the Pension Benefit Guaranty Corporation

By Old North News | Mar 20, 2024

WASHINGTON – Today, Health, Employment, Labor, and Pensions Subcommittee Chairman Bob Good (R-VA) delivered a strong statement during a hearing focused on overseeing the Pension Benefit Guaranty Corporation (PBGC).In his address, Chairman Good emphasized the importance of accountability and oversight, directing his remarks towards Mr. Hartogensis, the outgoing Director of the PBGC. Good highlighted the significance of the PBGC in safeguarding the retirement benefits of 31 million Americans with private pension plans.Citing the original intent behind the creation of the...

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North Carolina has 18 basketball players on the court in this year’s women’s NCAA March Madness tournament

By Old North News | Mar 20, 2024

Charlotte and Raleigh players represent North Carolina in the tournament.

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33 basketball players from North Carolina to play in NCAA men’s tournament

By Old North News | Mar 19, 2024

Charlotte has the most players of any city representing North Carolina in the tournament.

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EdWorkforceCmte Will Mark Up Bills to Bolster Workforce and Academic Freedom

By Old North News | Mar 19, 2024

WASHINGTON – The Education and the Workforce Committee is set to mark up several significant bills aimed at enhancing workforce opportunities and preserving academic freedom. The scheduled markup includes H.J. Res. 116, H.R. 6418, H.R. 3724, and H.R. 7683, addressing various aspects of education and workforce policies.Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC) expressed concerns regarding current policies, stating, "The Biden administration, bureaucrats, and radical education administrators are holding students and workers hostage with their...

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Chair Foxx Applauds Education and Workforce Committee Action Regarding PBGC Misuse of Taxpayer Funds

By Old North News | Mar 19, 2024

Education and the Workforce Committee Chairwoman Virginia Foxx commended the committee's efforts in holding the Pension Benefit Guaranty Corporation (PBGC) accountable for misusing taxpayer dollars. Foxx emphasized the committee's persistence in ensuring that $127 million intended for pension plans of deceased participants is recovered.Foxx stated, "A Biden agency called 'PBGC' wanted to fleece the taxpayer of $127 million dollars by funding pensions for dead participants. Let me repeat: $127 million for dead pension participants."The Chairwoman highlighted the...

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Chairman Good to Conduct Oversight of the Pension Benefit Guaranty Corporation — Tomorrow at 10:15 AM

By Old North News | Mar 19, 2024

Chairman Bob Good of the Subcommittee on Health, Employment, Labor, and Pensions is set to conduct oversight of the Pension Benefit Guaranty Corporation (PBGC) tomorrow at 10:15 a.m. In a statement, Chairman Good criticized the PBGC, saying, "The Pension Benefit Guaranty Corporation (PBGC) represents some of the worst of the Biden administration’s incompetence and misuse of taxpayer dollars." He highlighted the agency's failure to implement standard controls and verification procedures, resulting in millions of dollars in inaccurate payments, including funds sent to...

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UC Berkeley Next in @EdWorkforceCmte’s Antisemitism Probe

By Old North News | Mar 19, 2024

WASHINGTON – Today, Chairwoman Virginia Foxx of the Education and the Workforce Committee has initiated an investigation into the University of California, Berkeley's handling of antisemitism and its alleged failure to protect Jewish students on campus.In a letter addressed to UC Berkeley's Chancellor Dr. Carol T. Christ, President Michael V. Drake, and Board of Regents Chair Richard Leib, Chairwoman Foxx expressed concerns over the university's response to various antisemitic incidents. The letter highlights a specific event on February 26, 2024, where an anti-Israel...