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RALEIGH: Governor Cooper today commuted the sentence of one person in a North Carolina prison and granted pardons of forgiveness to four others.
RALEIGH: Governor Cooper today commuted the sentence of one person in a North Carolina prison and granted pardons of forgiveness to four others.
 
Questions surround Paycheck Protection Program (PPP) loans that were forgiven, including some in North Carolina, during the COVID-19 pandemic.
Questions surround Paycheck Protection Program (PPP) loans that were forgiven, including some in North Carolina, during the COVID-19 pandemic.
 
Congresswoman and House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC5) and Rep. Lisa McClain (R-MI) introduced legislation Tuesday that would repeal President Joe Biden’s student loan forgiveness plan that would cost taxpayers billions of dollars.
Congresswoman and House Education and the Workforce Committee Chairwoman Virginia Foxx (R-NC5) and Rep. Lisa McClain (R-MI) introduced legislation Tuesday that would repeal President Joe Biden’s student loan forgiveness plan that would cost taxpayers billions of dollars.
 
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
U.S. House Education Committee Chair Rep. Virginia Foxx, R-NC, is taking aim at the Biden Administration’s recently announced student loan forgiveness action, stating the executive branch is “trampling the rule of law.”
 
According to Department of Education figures, an estimated 1.4 million North Carolinians currently owe student loans, contributing to the Tar Heel State ranking as the eighth highest state on the average amount of student debt owed, with the average borrower owing $37,920.
According to Department of Education figures, an estimated 1.4 million North Carolinians currently owe student loans, contributing to the Tar Heel State ranking as the eighth highest state on the average amount of student debt owed, with the average borrower owing $37,920.
 
The Biden administration said the Supreme Court “got it wrong” on student debt forgiveness in a recent email to student loan holders.
The Biden administration said the Supreme Court “got it wrong” on student debt forgiveness in a recent email to student loan holders.
 
President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
President Joe Biden vetoed a measure that would overturn his plan to cancel large amounts of federal student loan debt that could affect tens of millions of borrowers.
 
A San Francisco reparations committee proposed a plan to city officials last month that would pay longtime black residents of the Northern California metropolitan city $5 million each while granting total debt forgiveness for facing decades of “systematic repression.”
A San Francisco reparations committee proposed a plan to city officials last month that would pay longtime black residents of the Northern California metropolitan city $5 million each while granting total debt forgiveness for facing decades of “systematic repression.”
 
Firebrand Florida Rep. Matt Gaetz offered an olive branch to fellow Republican Rep. Mike Rogers (R-AL), over a tense confrontation Friday on the House floor that led to Rogers being physically restrained by colleagues.
Firebrand Florida Rep. Matt Gaetz offered an olive branch to fellow Republican Rep. Mike Rogers (R-AL), over a tense confrontation Friday on the House floor that led to Rogers being physically restrained by colleagues.
 
RALEIGH: Governor Cooper today commuted the sentences of six people in North Carolina prisons and granted pardons of forgiveness to four others.
RALEIGH: Governor Cooper today commuted the sentences of six people in North Carolina prisons and granted pardons of forgiveness to four others.
 
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
The Biden administration’s student loan forgiveness plan was pushed back again on Wednesday after an appeals court refused to pause a previous ruling against the policy.
 
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
The Biden administration asked the Supreme Court to weigh in on its student loan forgiveness plan on Friday and let the program resume.
 
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
The Biden administration quietly changed the fine print of it student loan debt forgiveness plan Thursday, cutting hundreds of thousands of borrowers out of the sweeping program.
 
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
The Supreme Court has rejected an emergency lawsuit to block the Biden administration’s student loan forgiveness plan.
 
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
On Monday, the Congressional Budget Office (CBO) released its estimates on the cost of President Biden’s executive action to cancel student loan debt. They found that this will cost $400 billion. The White House has still not released its own estimate.
 
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
A group of 22 GOP governors sent a letter to President Joe Biden on Monday criticizing his student loan forgiveness plan.
 
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
Sen. Joe Manchin (D-WV) spoke out in opposition to President Joe Biden’s student loan forgiveness plan, referring to it as excessive.
 
Americans facing largest national debt ever, just as Biden announces student loan forgiveness
 
Legislators waived taxes on business loans; working people deserve the same treatment
 
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
The Small Business Administration and Department of Treasury distributed $800 billion of emergency funding via the newly created Paycheck Protection Program (PPP) to save businesses from permanent closure during the Covid pandemic.
 
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
As reported by WSOC-TV, North Carolina’s Department of Revenue announced this week that the state will consider federal funds received as student loan “forgiveness” as taxable income:
 
Biden’s student debt forgiveness plan sends powerful but dangerous messages
 
A clear majority of Americans believe that a reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would increase inflationary pressures.
A clear majority of Americans believe that a reported plan from President Joe Biden to cancel thousands of dollars in student loans per borrower would increase inflationary pressures.
 
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
There are plenty of reasons to get angry about President Biden’s Executive Order to transfer about $300 billion in student loan debt to taxpayers. A few of the major themes highlighted in recent commentary include:
 
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
President Joe Biden’s sweeping plan to forgive billions in student debt could come back to haunt the very students it was implemented to help — and soon.
 
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
The Carolina Journal makes a wide sweeping evaluation of the news that most effects us here in North Carolina, and is distilled, here on BCN, for your clear understanding by the electronic means of video broadcast.
 
President Joe Biden’s administration has developed a convoluted way to “legally” cancel student debt thanks to a law intended for 9/11 heroes, but it also undermines his boast touting the strongest American economy ever.
President Joe Biden’s administration has developed a convoluted way to “legally” cancel student debt thanks to a law intended for 9/11 heroes, but it also undermines his boast touting the strongest American economy ever.
 
President Joe Biden has been pushing for a massive expenditure from Americans to pay for his student loan forgiveness plan, and he is reportedly doing so at the behest of failed Georgia Democratic gubernatorial candidate Stacey Abrams and Democrat Georgia senator Raphael Warnock.
President Joe Biden has been pushing for a massive expenditure from Americans to pay for his student loan forgiveness plan, and he is reportedly doing so at the behest of failed Georgia Democratic gubernatorial candidate Stacey Abrams and Democrat Georgia senator Raphael Warnock.
 
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