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Gov. Raimondo Signs $8.7 Billion State Budget Into Law

Published
Governor Gina Raimondo plans to sign the budget Tuesday for the state’s next fiscal year. The spending plan includes two of the governor’s top...

Governor Gina Raimondo plans to sign the budget Tuesday for the state’s next fiscal year. The spending plan includes two of the governor’s top priorities.

Governor Raimondo says the budget will help put people back to work, fix schools, and make it easier to do business in Rhode Island. The spending plan includes money for economic incentives meant to spark job growth, and it also cuts spending on the Medcaid subsidizied healthcare program for the poor.

The General Assembly increased spending from Raimondo’s original budget proposal by $60 million. The legislature also cut state revenue through new exemptions on Social Security benefits, and by cutting some business-related taxes.

House Speaker Nicholas Mattiello and Senate President Teresa Paiva Weed will join Raimondo for the 3 pm signing ceremony at the State House.

Gov. Raimondo Signs $8.7 Billion State Budget Into Law
Gov. Raimondo Signs $8.7 Billion State Budget Into Law