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Morning Roundup: A N.C. company touted by President Obama closes abrubtly

A North Carolina furniture company closed abruptly Thursday just one year after it was hailed by President Barack Obama as an example of the recovering U.S. economy. Lincolnton Furniture Company operations stopped indefinitely and only a few people will remain employed moving forward, company financial officer Ben Causey said. Full story here.

More political headlines:

--North Carolina's congressional delegation is now firmly Republican after GOP redistricting redrew the political favor. Here's a look at Raleigh Republican George Holding's outlook as a freshman. He has one priority: cutting spending.

--For Raleigh-based state government workers who endured four years without a pay raise, the free bus pass was a nice benefit while it lasted. The state ended its funding.

Morning Roundup: N.C. companies prepare for the fiscal cliff

Some North Carolina companies are joining a growing number of U.S. firms paying out early dividends before the end of the year, as tax increases on dividends are seen as likely in 2013.

Dividend tax rates were reduced to 15 percent under the Bush-era tax cuts. But that rate is scheduled to expire in January, and taxes would likely then rise – although no one knows exactly how much yet. Full story here.

More political headlines:

--Four hundred people are expected at a forum Friday in Charlotte about the gridlock in Washington.

Morning Roundup: Are you willing to you help payoff the nation's debt?

The nation's $16 trillion-plus debt has some Americans so worried that they've donated nearly $8 million outside of federal taxes - to help pay it off. Yes, it's less than a drop in the bucket, but every little bit helps, according to the Bureau of the Public Debt, which annually accepts such "gifts." Read the article here.

More political headlines you may have missed over the long weekend:

--State legislators say their upcoming proposal to deal with the unprecedented $2.8 billion unemployment insurance won’t eliminate the issue that has outraged the business community – the higher taxes being imposed on employers to pay down the debt.

Morning Roundup: Democrats say they remain committed to N.C.

Amid new indications that North Carolinians remained deadlocked on their presidential choice, Democratic chairwoman Debbie Wasserman Schultz said Friday the Obama campaign is prepared to wage a vigorous campaign through the November election here.

Dismissing suggestions from Republicans that the president’s campaign was looking to reduce its effort in North Carolina, the chairwoman of the Democratic National Committee said the ticket was not backing off from what many observers have suggested is Obama’s most difficult battleground state. Full story here.

More political headlines below.

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