Government
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Rhode Island seniors and disabled persons with Medicare prescription drug plan coverage saved $9.9 million, or an average of $709 per person, on their prescription drugs in 2013 through the Affordable Care Act’s Medicare discount program, the Centers for Medicare & Medicaid Services reported last week. more
Moody’s Investors Service issued a warning on April 17 regarding Rhode Island’s failure to reach a settlement with public employee unions over the state’s pension lawsuit, which will go trial on Sept. 15 following the breakdown in renewed mediation talks earlier this month. more
(Updated, 3:19 p.m.) Gov. Lincoln D. Chafee on Tuesday issued a statement defending the need for Rhode Island to repay the 38 Studios moral obligation bonds and criticizing gubernatorial candidates Cranston Mayor Allan W. Fung and Ken Block, who have voiced opposition to repayment. more
(Updated, 6:56 p.m.) The I-195 Redevelopment District Commission has received “several” development proposals, including potential commercial, residential, hospitality and recreational projects, for the former highway land known as The Link, the agency said Tuesday. more
President Barack Obama is proposing cuts in greenhouse-gas emissions from the nation’s power plants by an average of 30 percent from 2005 levels, a central part of his plan to fight climate change that also carries political risk. more
A $701,363 federal grant received by the R.I. Department of Labor and Training will enable the state agency to expand its career services programs to the unemployed. more
Rear Adm. Michael E. Jabaley will become commander of the Naval Undersea Warfare Center on Friday, relieving Rear Adm. David M. Duryea, during a change of command ceremony. more
Rhode Island ranks among the worst states for taxes on business, according to the 2014 State Business Tax Climate Index released by the Tax Foundation Wednesday. more
State Rep. Jan Malik, D-Warren, owner of Malik’s Fine Wine & Spirits, says the time has come for his fellow Ocean State businesspeople to speak out against Rhode Island’s sales tax. more
Marcel A. Valois, executive director of the R.I. Economic Development Corporation, believes the agency must earn back its reputation by reaching out to local businesses and focusing on “the nuts and bolts” of economic development, The Associated Press reported Wednesday. more
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