The completion of the Cone/Risant merger occurred on the same day as outgoing State Treasurer Dale Folwell’s valedictory monthly “Ask Me Anything” news conference. As might be expected, his comments included a blast at what he terms the state’s “health care cartel.” The trends there are “all going in the wrong direction,” Folwell said, adding […]
The completion of the Cone/Risant deal occurred on the same day as outgoing State Treasurer Dale Folwell’s valedictory monthly “Ask Me Anything” news conference. As might be expected, his comments included a blast at what he terms the state’s “health care cartel.” The trends there are “all going in the wrong direction,” Folwell said, adding […]
Cabarrus County officials left the Local Government Commission’s November meeting with permission to borrow up to $151 million for school and library projects. But the vote came in two parts, and the approval for one of those parts was more controversial than the other. The LGC was unanimously in favor of giving the county a […]
Local Government Commission members narrowly supported giving a proposed titanium factory near Fayetteville access to $250 million in tax-exempt bond financing. The project already has a state incentives package. DaleThree commission members, including outgoing State Treasurer Dale Folwell, voted against the authorization for the so-called Project Aero on Tuesday. It got through on a 5-3 […]
With seven weeks left in State Treasurer Dale Folwell’s term, he’s not leaving without taking a parting shot at Blue Cross and Blue Shield of North Carolina. He recently wrote Blue Cross President and CEO Tunde Sotunde to demand that the insurer pay more than $2 million in legal fees that the state ran up […]
Speaker Moore isn’t the only one taking shots at Folwell. The treasurer is having a tough go of things at the Local Government Commission, which he chairs. LGC members on Tuesday voted 6-3, over the treasurer’s dissent, to give Cabarrus County permission to borrow up to $85 million to pay for some new human-services facilities. […]
With just three months remaining in his term, State Treasurer Dale Folwell has let his feelings about House Speaker Tim Moore be known in the wake of Moore’s recent blast at his handling of the State Health Plan. This took two forms: A formal letter to Moore on Monday, and a chunk of Folwell’s monthly […]
North Carolina U.S. Sen. Ted Budd, a Republican, joined in the HELP committee’s musings about what he called “an industry with a lot of strange incentives,” but he also used Tuesday’s hearing to launch an interesting side quest. This came in the form of a letter from state House Speaker Tim Moore that attacked State […]
The strange-bedfellows alliance between State Treasurer Dale Folwell and Vermont independent deepened on Tuesday, with Folwell starring at the senator’s news conference on GLP-1 drug prices. The treasurer reiterated the rationale for the State Health Plan’s decision to drop coverage of GLP-1s, such as Wegovy, which are prescribed for weight loss. That comes down to […]
State Treasurer Dale Folwell has come under fire from Local Government Commission members John Burns and Ron Penny, who are suspicious that he’s abusing his authority to unilaterally throw roadblocks in front of a Cabarrus County project. The upshot of the commission’s recent discussion is that it will vote next month on whether to let […]
Senate leader Phil Berger says “there probably are some things that need to be done” on the legislative side of things to get the State Health Plan’s finances back in balance. But that for now remains an issue to address “down the road,” Berger told reporters on Monday. The day’s Senate session saw the chamber […]
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