Politics
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Chafee: ‘take care of basics’ works
In 2012, Gov. Lincoln D. Chafee got the chance to say “I told you so” to the sizable chunk of the business community that supported the 38 Studios LLC loan deal, and he’s taken advantage of the opportunity. But opposition from the business community has helped frustrate many of Chafee’s top fiscal proposals since he took office and critics say he’ll need to work with corporate Rhode Island, not fight it, to turn the state economy around. more

By Patrick Anderson
PBN Staff Writer | 1/7/13

GA earns 96% compliance rate in SOS ‘Access’ report
The Rhode Island General Assembly complied with the state’s Open Meetings law 96 percent of the time in 2012, according to Secretary of State A. Ralph Mollis’ Access 2012 report. more
| 2/1/13
Boehner declaring no debt crisis revealed in household loans
The bear market in bonds is being delayed by Americans socking away money at 50 times the rate at which they take on debt to buy houses, cars and other items. more
A nightmare for underwater homeowners
Patrick Boris, a banquet chef in Las Vegas, is inching closer to his own “fiscal cliff,” 2,100 miles away from the political brinksmanship under way on Capitol Hill. If Congress and the White House allow the country to go over the cliff, Boris figures he could owe federal income taxes on more than $100,000 in forgiven mortgage debt following the short sale of his two-bedroom townhome next year – a personal financial “disaster,” in his words. more
12/31/12
A taxing post-election question for owners
Could the popular $250,000-$500,000 tax-free exclusion of capital gains on sales of homes be a target in any broad-scale, post-election effort to reduce the federal debt and deficit? more
11/19/12
U.S. stocks little changed after S&P 500 reaches 5-year high
U.S. stocks were little changed, after the Standard & Poor’s 500 Index climbed to a five-year high, as European leaders met to discuss the region’s crisis and investors awaited President Barack Obama’s speech on his legislative priorities. more
A nightmare for underwater homeowners
Patrick Boris, a banquet chef in Las Vegas, is inching closer to his own “fiscal cliff,” 2,100 miles away from the political brinksmanship under way on Capitol Hill. If Congress and the White House allow the country to go over the cliff later this month, Boris figures he could owe federal income taxes on more than $100,000 in forgiven mortgage debt following the short sale of his two-bedroom townhome next year – a personal financial “disaster,” in his words. more
12/17/12
Needs of businesses should drive state economic policy
Through the ownership of several popular nightspots and restaurants, State Sen. Joshua Miller has been influential in the Providence dining and nightlife scene for years. But since jumping into politics seven years ago, the Cranston Democrat is now as likely to take a stand on hospital consolidation or payday lending as he is nightclub closing hours or farm-to-table cuisine. After leading a commission on health care affordability and wrestling with the sale of Landmark Medical Center in the Corporations Committee, Miller this year was named chairman of the Health and Human Services Committee. more

By Patrick Anderson
PBN Staff Writer | 1/28/13

Chafee signs open records act into law
PROVIDENCE – Legislation that makes significant changes to the Access to Public Records Act – including making public various records that were not previously public, such as employment contracts – is now law. Gov. Lincoln D. Chafee signed the legislation, which takes effect Sept. 1. more
7/2/12
CEOs losing optimism on jobs slowdown
U.S. chief executive officers are turning more pessimistic about a second-half recovery as rising unemployment and Europe’s debt turmoil threaten domestic growth prospects. more
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