Economy

Economy

House Democrats try to move North Carolina’s minimum wage closer to a living wage

Democrats in the North Carolina legislature are attempting to raise the state’s minimum wage which has not been increased in over 15 years. Representatives Allison Dahl (D-District 11), Aisha Dew (D-District 111), Bryan Cohn (D-District 32), and Marcia Morey (D-District 30) filed House Bill 353, titled the “Fair Minimum Wage Act”, would not just raise the minimum wage once but continue to raise it as time goes on. 

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Economy

North Carolina Gov. Josh Stein Outlines Robust Policy Agenda in First State Address

The theme of Stein’s speech was “North Carolina Strong,” a motto the newly elected governor has used to rally North Carolinians who are in the midst of a hurricane rebuild, rising costs, and deep federal funding cuts. He recognized several honored guests from across the state, leaders in fields such as education and law enforcement that Stein believes have embodied his view of “North Carolina Strong.”

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Economy

Trump administration’s move to shut down USAID will have major economic impacts on North Carolina

The move will impact more than just the 10,000 workers the agency employs and the humanitarian work it does overseas. North Carolina is the fourth-largest recipient of USAID funding in the United States, with state-based organizations receiving nearly $1 billion a year. That funding helps bolster a robust global health sector that adds $31.9 billion every year to North Carolina’s economy and employs 120,000 people.

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Economy

Trump Wants a Trade War, North Carolina Could Pay Billions For It

Together, China, Mexico, and Canada represent 45% of all of North Carolina’s international trade– a $72 billion economy. The proposed tariffs would not only make North Carolina goods less competitive in these markets, but they would also increase costs for NC consumers who rely on imports from these countries.

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Economy

Trump’s federal freeze threatens disaster relief, school funding, state patrol in NC

The freeze would result in North Carolina losing billions of dollars in funding for disaster relief, public schools, and state agencies. Though the order was temporarily blocked by a federal judge, Rep. Deborah Ross explained that it has left state and federal officials confused on how to proceed. She remains hopeful that it will not be allowed to pass but expressed the importance of understanding what is at risk.

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Economy

Thom Tillis Struggles to Find a Position on Trump’s Tariffs

North Carolina Senator Thom Tillis (R) is continuing to struggle when asked about tariffs, careful not to criticize Trump while signaling his anxiety over the policy. Tillis was previously censured by the state GOP for holding views contrary to MAGA and now appears wary of stepping out of line with the movement.

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