Public Policy
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U.S. faces downgrade in 2013 without budget deal, Moody’s warns
U.S. policymakers must address debt loads projected to rise later this decade to avoid a 2013 downgrade, even as the latest budget projections are “credit positive,” according to Moody’s Investors Service. more
RIPEC: Special districts useful but seen as under-regulated
While many of Rhode Island’s 91 special districts perform valuable services, their lack of mandated financial controls leaves them open to charges of poor fiscal management, according to a report released by the Rhode Island Public Expenditure Council late Monday. more
| 5/14/13
Treasuries advance as yields near 7-week highs spur demand
Treasury 10-year notes gained for the first time in four days as yields at almost seven-week highs attracted buyers betting subdued inflation will bolster the value of the debt’s fixed payments. more
GWB awards R.I. firms $60K in skills-training grants
The Governor’s Workforce Board announced Monday that it has awarded more than $60,000 in “Express Grants” to 20 local firms. The strategic investments will partially fund skills training for 344 employees. more
More workers got insurance in Massachusetts after health law
The share of workers opting to take company medical coverage rather than more take-home pay rose in Massachusetts after the state overhauled its health system in 2006, a result the U.S. Affordable Care Act may replicate, a report suggests. more
R.I. ranks No. 37 on best states for businesses list
Rhode Island earned the No. 37 slot on Chief Executive Magazine’s list of the “2013 Best & Worst States for Businesses,” moving two spots up from its 2012 ranking. more
| 5/9/13
Medicare data show disparity in hospital charges, payments
Leaders of the Rhode Island Health Insurance Small Employer Taskforce are calling for greater transparency in health care provider finances following the release of national data for the top 100 most frequently billed procedures under Medicare. more
R.I. to participate in Results First Initiative
Rhode Island has been selected as the 14th partner state in the Pew-MacArthur Results First Initiative, a program that helps states assess the costs and benefits of fiscal policy options and make better decisions based on informed results, Gov. Lincoln D. Chafee announced. more
| 5/8/13
Rhode Island joins New England states in legalizing gay marriage
On same-sex marriage, New England is now united. Rhode Island became the 10th U.S. state and final one in the region to make gay weddings legal, after its House of Representatives passed a bill expanding marriage rights to homosexuals. more
Taveras proposes 3.3% budget hike for fiscal 2014
PROVIDENCE – Property-tax rates for homeowners would rise with rates for businesses holding flat under a $663 million fiscal 2014 budget proposed by Mayor Angel Taveras Thursday. The spending … more
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