Business Excellence Awards
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By PBN Staff
As the nation approaches another July 4 holiday, the Rhode Island General Assembly once again debates the next fiscal year’s budget.
The House Finance Committee and Gov. Lincoln D. Chafee had extensive discussions before the legislature’s fiscal 2012 proposal was made, and while it did not include the governor’s extensive revamping of the sales tax, there are tax increases built into the document.
Did the House Finance Committee go far enough in dealing with the large structural deficit that hangs over everything the state does at the moment, or does more need to be done before Rhode Island can claim to have solved its fiscal problems?