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The nonpartisan government watchdog group Common Cause Rhode Island released its 10th Legislative Scorecard on Thursday.
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By PBN Staff
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(Updated, 5 p.m.)
Even as Rhode Island’s projected surplus was increased to $22 million for fiscal year 2013, the state continues to face “significant deficits” as expenditures outpace revenue, according to a Rhode Island Public Expenditure Council report released Wednesday.
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By PBN Staff
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The R.I. Economic Development Corporation, plagued by inefficiency and lack of direction, should be brought under direct control of the governor’s office and a new state commerce agency, the Rhode Island Public Expenditure Council recommended in a report on the quasi-state agency released Tuesday.
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By Patrick Anderson |
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Improving consumer moods bolster President Barack Obama’s re-election prospects in a campaign that has been largely fought on economic issues, said Andrew Kohut, president of the Pew Research Center in Washington.
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By Shobhana Chandra, Mike Dorning and Elizabeth Dexheimer |
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The Rhode Island Center for Freedom & Prosperity has published the General Assembly Freedom Index, a scorecard that grades Rhode Island’s lawmakers on their “level of support of principles of freedom,” according to the center.
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By PBN Staff
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At the sixth annual “We Mean Business Expo” on Tuesday, Gov. Lincoln D. Chafee announced his plans to make it easier for small businesses to be successful in Rhode Island.
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By PBN Staff
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Rhode Island could lose up to $82 million and more than 3,000 jobs due to sequestration in defense and Medicare spending, respectively, according to reports released by the Center for Security Policy and the Hospital Association of Rhode Island.
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By Emily Greenhalgh |
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Moody’s Investors Service said it may join Standard & Poor’s in downgrading the U.S.’s credit rating unless Congress next year reduces the percentage of debt-to-gross-domestic-product during budget negotiations.
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By John Detrixhe |
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Gov. Lincoln D. Chafee, the country’s only independent governor, is slated to speak at the 2012 Democratic National Convention in Charlotte, N.C.
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Central Falls, the first city in Rhode Island’s 222-year history to go bankrupt, is preparing to exit court protection after 13 months by keeping bondholders whole while raising taxes and cutting workers and pensions.
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By Michael McDonald and Steven Church |