State Budget

38 Studios bonds: Don’t default and don’t repay

38 Studios bonds: Don’t default and don’t repay

In my last post I insisted that Rhode Island needed to keep its word and not default on the 38 Studios bonds. I know more now, and my conclusion has changed. After much discussion with Randall Rose of Occupy Providence, who educated me quite a bit, and Sam Bell of RIPDA, I looked into the [...]

Chafee listens as Pawtucket Mayor Don Grebien speaks at the State House.

State of the State Analysis: No Recovery Package

Governor Chafee’s State of the State speech, announcing his budget proposal, strikes a fine balance between solutions and inaction. Woefully inadequate as his proposals are, Governor Chafee does appear to have a reasonable grasp of the problems facing our great state. On social issues, Chafee proposes popular, common-sense solutions like tweaks to gun laws and [...]

Gov. Chafee delivers his State of the State speech.

State of the State Analysis: Some Highs, Many Lows

On the whole Governor Chafee’s speech was disappointing. The first big budget item: no increases in taxes or fees. So much for tax equity. In fact the corporate tax rate is to go down from 9% to 7%. There are more millions for many worthy projects/areas: K-12 education, higher education,  infrastructure, property tax relief, and [...]

State of State Analysis: Optimist-in-Chief

State of State Analysis: Optimist-in-Chief

Governor Chafee was a man confident of what our government can achieve in the annual State of the State speech. He’s optimistic about what Rhode Islanders can achieve with steady hard work, and willing to boast about it. In that pride and his faith in government, I would call it progressive in its essentials. But [...]