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U.S. budget deal would boost economy in 2013, Zandi says
The U.S. economy will fall into “severe recession by the spring” unless Congress lessens the tax increases and spending cuts set to begin in January, said Mark Zandi, chief economist at Moody’s Analytics. more
‘One thing [won’t] fix our economy’
With his city’s fiscal position stabilized, Providence Mayor Angel Taveras has turned toward growing the local economy and redeveloping underutilized properties. That’s brought him up against some of the most difficult and expensive challenges in Rhode Island. They include saving its tallest building, the Industrial Trust Tower, and its most spectacular historic-redevelopment failure, the South Street Power Station (Dynamo House). They also include bringing long-sought streetcar service to the capital city and replacing abundant surface parking lots with productive, activity-generating buildings. more

By Patrick Anderson
PBN Staff Writer | 4/22/13

Higher education office dismantled under budget plan
The office of higher education would be dismantled under a General Assembly-approved plan to merge the state’s educational governing boards. Education officials so far have said little publicly about the move that essentially reverses a state-mandated structure created 30 years ago. more
FedEx joins CVS in pressing Congress for corporate tax cut
Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates. more
Lower taxes, simpler code can spark economic growth
PBN: Your campaign literature highlights your background as a Wall Street broker and investment expert. How will that background help you be a good congressman? more
By John Larrabee
Contributing Writer | 10/22/12
Judge approves Providence pension deal
On Friday, Superior Court Judge Sarah Taft-Carter gave final approval over the pension agreement between the city of Providence and its retirees, according to WPRI. more
| 4/12/13
Gay marriage would boost R.I. economy, Chafee says
When most politicians push same-sex marriage, they talk about equal rights. Rhode Island Gov. Lincoln D. Chafee has a different selling point: competitiveness. more
Chafee picks Valois for second go-round to lead EDC
Gov. Lincoln D. Chafee Monday nominated Marcel A. Valois, former executive director of the R.I. Economic Development Corporation, to take over leadership of the quasi-state agency again. Valois previously led the EDC under then Gov. Lincoln Almond in the 1990s. more
| 4/8/13
Gov. Patrick outlinesplan for multifamily housing in Mass.
BOSTON – Gov. Deval L. Patrick this month outlined initiatives designed to produce 10,000 multifamily units of housing per year, the first production goal of this kind set by any state in the country. more
11/19/12
ACLU says state hostile toward medical marijuana
Since Rhode Island made medical marijuana legal in 2006, there has, some say, been one roadblock after another in getting patients served and, more recently, in facilitating the three approved dispensaries, or compassion centers. more

By Rebecca Keister
PBN Staff Writer | 11/26/12

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