For my money, late summer/early fall is the most beautiful time of the year. Welcome back to my Friday column. You can follow me through the week on Bluesky, threads and X. Here we go. *** Want to get my column in your inbox every Friday? Sign up right here *** 1. STORY OF THE […]
RIPEC
Posted inEconomy, Local, Politics
Fiscal watchdog raises concern about growth in Rhode Island state spending
State spending in Rhode Island continues to rise at an unsustainable rate amid slowing revenues and uncertainty about federal funding, a business-backed fiscal watchdog group warned in a report released Wednesday.  The Rhode Island Public Expenditure Council found that state general revenue spending climbed by 10.9% over the last two fiscal years, while state general […]
Posted inHousing, Local, Political Roundtable, Politics, Stories
RIPEC’s Michael DiBiase on RI’s tougher budget climate – and the fallout for schools, housing, healthcare and transportation
The gravy train is over. That sums up how Rhode Island’s fiscal landscape is in transition. In recent years, a gusher of federal COVID aid fueled consecutive budget surpluses. Now, however, the state is returning to a time of bigger disparities between needs and available money. Governor Dan McKee yesterday unveiled his budget proposal for the fiscal year starting July first. The General Assembly will now spend months reviewing the governor’s plans and incorporating its own changes. Among those closely following the process are the business-backed fiscal watchdog group, the Rhode Island Public Expenditure Council, and RIPEC President and CEO Michael DiBiase.
Posted inArticle, Politics
Woodward: Americans Have Become Numb To President Trump
Washington Post reporter Bob Woodward told a group of Rhode Island business leaders that close associates of President Trump consider him a threat to national and economic security, but that Americans have become numb to the Trump administration. Woodward spoke about his 19th book, Fear: Trump in the White House, during the 75th annual meeting […]
