November 26, 2008
On Nov. 12, the speaker of the state House wrote a letter to the incoming president asking for an economic stimulus package to include funding for states.
“As you know, 49 states have requirements to balance their budgets each year,” he wrote.
“During uncertain economic times, the decisions that state legislatures and governors have to make to keep their budgets balanced — cutting spending, raising taxes or both — can have the pro-cyclical effect of deepening and prolonging any slump.”
http://www.newsobserver.com/news/story/1309799.html
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Uncategorized | Tagged: Barack Obama, Joe Hackney |
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Posted by ncfifthdistrict
November 26, 2008
By Kim Underwood
JOURNAL REPORTER
Published: November 26, 2008
DANBURY – Stokes County commissioners did not authorize the purchase of land for a new elementary school or set aside money for school-capital projects at a meeting Monday night.
That means that the next step in determining the fate of Nancy Reynolds Elementary School and a new elementary school for the King area will be a joint meeting between the Stokes County commissioners and school-board members.
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Uncategorized | Tagged: Stokes |
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Posted by ncfifthdistrict
November 21, 2008
By Sean Mussenden
MEDIA GENERAL NEWS SERVICE
Published: November 21, 2008
WASHINGTON – U.S. Rep. Virginia Foxx, R-5th, introduced a bill Wednesday to cut in half the $700 billion Wall Street bailout package.
Under the program, which was designed to shore up the financial system by allowing the government to buy toxic mortgage-backed securities, the Treasury Department has injected nearly $290 billion into troubled banks.
http://www2.journalnow.com/content/2008/nov/21/foxx-proposes-cutting-bailout-in-half/news-ncpolitics/
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Political | Tagged: Bailout, Virginia Foxx, WSJ |
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Posted by ncfifthdistrict
November 20, 2008
Mark Johnson, Staff Writer
Imagine your car’s odometer as a taxicab meter.
A special transportation committee on Wednesday approved a package of money-raising proposals, including a tax on North Carolina car owners based on the number of miles their vehicle travels each year.
http://www.newsobserver.com/politics/story/1302282.html
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Political | Tagged: Democrats, N&0, Taxes |
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Posted by ncfifthdistrict
November 20, 2008
Jerry Meek, who for the past four years has presided over a resurgent state Democratic Party, said he plans to step down as party chairman at the end of his term in January.
“It’s unlikely I could do anything in six years that I didn’t do in four,” Meek said.
http://www.newsobserver.com/news/story/1302235.html
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Political | Tagged: Democrats, Jerry Meek, N&0 |
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Posted by ncfifthdistrict
November 19, 2008
Foxx Pushes Bill to Cut Wall Street Bailout in Half
Wed, November 19, 2008 – 5:15 PM
Rep. Virginia Foxx, R-N.C., introduced a bill Wednesday to cut in half the $700 billion Wall Street bailout package.
Under the program, which was designed to shore up the financial system by allowing the government to purchase toxic mortgage-backed securities, the Treasury Department has injected nearly $290 billion into troubled banks.
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Political | Tagged: Bailout, Media General, Virginia Foxx |
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Posted by ncfifthdistrict
November 13, 2008
Rumor has it – that Jerry Butler attended a republican party meeting in Alexander County yesterday. The Boone dentist announced that he was planning on returning to the political fray to run against state Senator Steve Goss again in 2010. According to our sources Butler made an anthem of a speech to the local republicans asking them to expel “fringe” conservatives from the party and move in a more progressive direction.
Since this is a rumor and we don’t know if its true, someone please tell us it isn’t so! This mindset is exactly what lost Republicans the election. Moderate Congressman in the Midwest lost overwhelmingly to their democrat rivals, and where Conservatism was truly on the ballot it was victory! If Dr. Butler wants to be a progressive, maybe he should run against Goss in the primary. Either way we think this helps Goss raise money.
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Political | Tagged: Alexander, Jerry Butler |
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Posted by ncfifthdistrict