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June 23, 2015

Tax Policy Update

NUMBER OF THE WEEK: $3 Trillion. The projected addition to the federal deficit over 10 years if Republican presidential hopeful Rand Paul’s flat-tax proposal went into effect, according to a Tax Foundation analysis of the plan. Paul has said he would cut spending to prevent deficit increases. His 14.5 percent flat-tax for corporations and individuals has also been criticized for hurting middle-income earners while reducing taxes for those with high incomes. Paul claims it would send the economy into overdrive, helping earners at all levels.

June 22, 2015

Washington Healthcare Update

This Week: Leading Up to the SCOTUS King v. Burwell Decision... House Votes to Repeal the Medical Device Tax... CMS Announces It Will Bolster Transitional Reinsurance Payments... MedPAC Releases June Report to Congress
June 22, 2015

NC Politics in the News

WRAL: Lawsuit Over Voter ID Stalls After Legislative Changes. Changes made to North Carolina's voter ID law last week have roiled a state court case in which plaintiffs were asking a judge to delay or throw out entirely the requirement that voters show a current photo ID when they go to the polls starting in 2016.

June 22, 2015

North Carolina General Assembly Week in Review

Senate Passes Budget. The Senate passed their version of the budget Thursday with a final vote of 32-15, after a long week of debate that resulted in over 29 amendments on the Senate floor. The budget bill had previously cleared a preliminary second reading vote of 30-19 on Wednesday which saw Republican senators Bob Rucho (R-Mecklenburg), Andy Wells (R-Catawba) and Fletcher Hartsell (R-Cabarrus) break ranks with their party and vote against the bill. On Thursday’s final reading of the proposal, only Sen. Rucho voted against the bill, saying that he could not support provisions in the bill which shift sales tax revenues from urban to rural counties and would result in his home county of Mecklenburg losing $33 million per year. No Senate Democrats voted in favor of the plan.

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