Public Policy
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House Finance Committee approves $8.1B 2013 budget
The House Finance Committee unveiled and then approved an $8.1 billion fiscal 2013 state budget late Thursday night, which scraps controversial meals, hotel and sales tax expansions more
Fitch downgrades Woonsocket bonds to ‘B,’ outlook ‘negative’
Fitch Ratings has downgraded Woonsocket’s $118 million general obligation bonds from ‘BB-’ to ‘B’ and rated the outlook ‘negative.’ more
| 6/1/12
RIPEC to examine EDC, as Chafee names 3 to board
The Rhode Island Public Expenditure Council will examine the current structure and operation of the R.I. Economic Development Corporation in light of the recent 38 Studios LLC loan guarantee debacle, Gov. Lincoln D. Chafee announced Thursday. more
RIPEC: State should move toward investment as revenue improves
As state revenue improves, Rhode Island should move towards an investment-based agenda, according to a R.I. Public Expenditure Council report released Wednesday. more
Deloitte to audit 38 Studios’ books
The R.I. Economic Development Corporation has commissioned a forensic audit of 38 Studios LLC to learn how Curt Schilling’s beleaguered video game company ran out of money and how much the former pitcher has put into it. more
Obama frees R.I., 7 other states from ‘No Child’ testing rules
President Barack Obama freed eight states, including Rhode Island, from provisions of the No Child Left Behind education-testing law after they pledged to turn around low-performing schools and tie teacher evaluations to student achievement. more
Chafee stands firm against Schilling accusations
Gov. Lincoln D. Chafee Tuesday rejected 38 Studios LLC founder Curt Schilling’s suggestion that Rhode Island sabotaged the beleaguered video game company and drove potential investors away with public comments about its potential demise. more
R.I. nonprofits face June deadline
Rhode Island’s 7,900 nonprofit businesses are required to file their annual reports with the Secretary of State’s office during June. more
| 5/29/12
38 Studios’ former employees in high demand
Rival game companies are lining up to hire the recently unemployed staff of 38 Studios LLC, former Boston Red Sox pitcher Curt Schilling’s embattled gaming company, according to Boston.com. more
| 5/29/12
Mass. approves lowest NSTAR rates since ’04
BOSTON – The Mass. Department of Public Utilities has approved NSTAR’s lowest electric rates since 2004. more
5/28/12
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