State Treasurer Dale Folwell refers to himself as the “Keeper of the Public Purse.” And since he was elected to the job that includes managing pension funds for state and local government employees, Folwell has been stuffing that purse with cash. Under Folwell’s direction, the pension fund holds more of its money in cash than the department’s own guidelines direct and has considerably higher cash holdings than similar public pension funds. North Carolina’s pension fund is among the 10 largest public pensions in the country. None of the other nine hold close to as great a proportion of their assets in cash as North Carolina does, according to their most recent financial reports.
...Lynn Bonner
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The NC Board of Elections, in a 3-2 party line vote, rejected state Republicans’ request for signature verification on absentee ballots. Republicans wanted local elections officials to be able to compare voters’ signatures on their registration cards against signatures on requests for absentee ballots and on the returned ballots.
...The Commonwealth Fund, a nonprofit that promotes high-quality health systems, publishes a scorecard each year that ranks states on 56 benchmarks, such as healthcare access, health disparities, and quality. The nonprofit added seven benchmarks related to COVID-19 to this year’s scorecard, including “excess deaths.” Overall, North Carolina ranked 34th of 51. (The District of Columbia is included in the rankings with the 50 states.) North Carolina ranked better than most states in the Southeast, but lagged behind neighboring Virginia, which came in 20th. Hawaii was No. 1 and Mississippi was 51st.
...Developing a state spending plan in secret, North Carolina Republicans used most of the state’s water and sewer improvement money for earmarked projects, lifted financial limits for families who want private school vouchers, and helped subsidize hog industry biogas plans. Republicans released their $27.9 billion budget late Tuesday afternoon and plan to have it pass both House and Senate by the end of the week.
...Proponents tout election security, but opponents say signatures change and predict significant voter disenfranchisement The North Carolina Republican Party wants local county elections officials to set aside requests for absentee ballots and double-check the mail-in ballots themselves based on whether they think voter signatures match.
...Millions of North Carolinians would be eligible for discounted or free hospital care, even after their insurance was billed, under proposed legislation debated this week. People who make up to 200% of the federal poverty level – this year, that’s $55,500 for a family of four - would receive free hospital care, under House Bill 1039. People in households of four people with incomes between $55,500 and $166,500, or 600% of the federal poverty level, would be eligible for discounts.
...This week House Bill 755 - the “Parents’ Bill of Rights” - is headed for one more procedural vote in the N.C. House and then to the desk of Gov. Roy Cooper. Cooper, a Democrat, has signaled he will veto the bill. But democratic lawmakers say tha will serve Republicans’ political purposes, letting them campaign on their opposition having killed a bill that would ban any instruction on sexual orientation or gender identity in Kindergarten through third grade.
...Role of outside money looms larger than ever as PAC-backed candidates surge to primary election wins
State Sen. Valerie Foushee of Orange County won the Democratic primary for the open seat in the 4th Congressional District, defeating Durham County Commissioner Nida Allam and six other candidates in a contest where the millions in independent PAC spending for Foushee became a central issue in the race.
...While the political drama in North Carolina’s 1st Congressional district is focused on who will win the Democratic primary and the chance to succeed incumbent the U.S. Rep. G.K. Butterfield, Republican candidates in that district have raised about as much for their campaigns as the two most prominent Democrats combined.
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