News 14 Carolina Web Staff

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Wallace Hyde, NC Democratic fundraiser, dies at 89

Wallace Hyde, a major fundraiser for Democratic candidates, died in Raleigh on Tuesday.

He was 89.

Wallace was a big-wig in the North Carolina Democratic Party, serving as the party’s executive director and backed the gubernatorial campaigns of Terry Sanford and Jim Hunt.

He earned his fame as a prominent businessman in the insurance business in Asheville and he put that experience and money to good use for Democratic candidates.

He backed Jimmy Carter for his presidential run in 1976 and threw a fundraiser for the future president on the lawn of the Biltmore Estate.

Hyde suffered from Parkinson’s disease for 20 years, the Democratic Party said in a statement.

He is survived by his wife of 28 years, Jeanette Wallace Hyde, and two children, Barbara White and Charles Hyde, who lives in Asheville.

President Obama calls on lawmakers to raise debt ceiling to pay country’s bills

WASHINGTON — As President Obama’s first term winds down, he discussed the continuing battle with Congress over federal spending during his last news conference in Washington Monday.

"America cannot afford another debate with this Congress about whether or not they should pay the bills it’s already racked up," said Obama.

The president says he’s making progress in reducing the deficit by $4 trillion over the next decade. He says while he’s willing to compromise on finding ways to get out of the red, he’s calling on Republicans in Congress to raise the debt ceiling so America can start paying off bills on time.

"The financial well-being of the American people is not leverage to be used. The full faith and credit of the United States of America is not a bargaining chip and they’d better choose quickly because time is running short," said Obama.

Next on the president’s agenda is meeting with Vice President Joe Biden who’s been leading a task force on ways to reduce gun violence. Biden will present a report to the president Tuesday.

Capital Tonight Jan. 10: Michael Bitzer, on inaugural addresses

On Capital Tonight: Prof. Michael Bitzer discusses inaugural addresses and what Pat McCrory could say at his ceremony this weekend.

View the episode here.

Capital Tonight Jan. 8: Billy Warden, on messaging and governing

On Capital Tonight: Billy Warden joins Tim Boyum to parse out Gov. Pat McCrory’s campaign message and how he takes the “Carolina Comeback” message and applies it to governing. Plus, our Insiders Mitch Kokai and Morgan Jackson debate unemployment debt deal and former Gov. Mike Easley’s request to get his law license back.

View the episode here.

Capital Tonight Jan. 7: Lt. Gov. Dan Forest

On Capital Tonight: Gov. Pat McCrory holds his first cabinet meeting and lays out issues he wants to address straight away, plus, Lt. Gov. Dan Forest takes the oath of office and talks with anchor Tim Boyum, and, Rick Henderson and John Frank debate the next moves of the McCrory administration at our Reporters Roundtable.

View the episode here.

Dan Forest sworn in as lieutenant governor

RALEIGH — Transforming education and reducing the tax burden: that is part of Lt. Gov. Dan Forest’s plan as he takes office.

Forest was officially sworn in Monday as the state’s 34th lieutenant governor at a ceremony in the State Capitol building.

It is Forest’s first job in public office and he said he wants to waste no time getting to work.

He officially took office as lieutenant governor on Monday. But Dan Forest is wasting no time getting down to business.

"We’ve had multiple meetings with Gov. McCrory and we’ve talked about the things that we can do moving down the road. We believe there’s a lot of work to do in the state from the executive level," said Forest.

McCrory and House Speaker Thom Tillis were among those that gathered for the ceremony.

As the balance of power shifts to the Republican Party in North Carolina, Forest made note of the importance of improving education going forward.

"We’re ranked somewhere between 22nd and 41st in the nation in K-12 education. I believe we should be number one in the world and I don’t think we should stop short of that so we need to put a long term plan in place that’s going to get us there," said Forest.

Forest begins his political career just as his mother’s political career comes to an end.

Last week, Sue Myrick retired as congresswoman from the Charlotte area. In watching her son take the oath, Myrick said she never dreamed any of her children would follow her career path.

"He’s been use to making decisions for a long long time running a business so I didn’t give him any advice at all. I know he’ll do a good job," said Myrick.

It’s a job that Forest couldn’t wait to get started on.

Capital Tonight Jan. 4: Allan Freyer, on tax holiday expiration

On Capital Tonight: As the 113th Congress gears up, Rep. Mike McIntyre begins his ninth term in the House after a bruising and expensive campaign, plus, Allan Freyer of the NC Budget and Tax Center explains why your first paycheck of the new year is a little lighter.

View the episode here.

Capital Tonight Jan. 3: Young Voters segment

Sam Spencer with the Young Democrats of North Carolina and Tyler Cralle of the Young Professional Republicans of North Carolina join anchor Tim Boyum to discuss the 113th Congress, sworn in Thursday.

113th Congress: Patrick McHenry, 10th District

WASHINGTON — News 14 Carolina’s Senior Political Reporter Loretta Boniti talks with Patrick McHenry, the representative from the 10th District, as the 113th Congress is sworn into office.

Beasley to be sworn in as state supreme court justice

RALEIGH — Judge Cheri Beasley will be sworn in to the state supreme court Thursday.

The court of appeals judge was appointed to the court last month by Gov. Bev Perdue.
Beasley was elected to the court of appeals in 2008.

Before that, she served for 9 years as a district court judge. Beasley will replace Justice Patricia Timmons-Goodson, the first African-American woman to serve on the court.

She retired in December 2012.