Public Policy
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Mayors join fight against payday loans
PROVIDENCE – The mayors of four Rhode Island cities joined several state legislators and a coalition of advocates last week in calling for the passage of legislation aimed at freeing Rhode Islanders from a cycle of debt caused by ultra-high-interest payday loans. more
4/8/13
R.I. becomes 14th state to decriminalize pot
PROVIDENCE – Rhode Island last week became the latest state to roll back criminal penalties for minor marijuana possession, replacing the threat of jail time for those caught with pot with something akin to a traffic citation, The Associated Press reported. more
4/8/13
Suspended city loan program victim of own success
121nexus used its $50,000 Providence Innovation Investment Program loan to hire its first employee and four interns to develop a mobile voter-data system in time for the 2012 presidential election. more

By Patrick Anderson
PBN Staff Writer | 4/8/13

Raimondo scored on investing, transparency by Forbes blogger
NEW YORK – General Treasurer Gina M. Raimondo is taking heat from a new source for her efforts related to the state workers’ pension system, but the criticism is not coming from a local source. … more
| 4/5/13
Report: Minimum wage hike would cost R.I. jobs
If a federal minimum wage-hike goes into effect, Rhode Islanders could see a loss of up to 3,466 jobs, according to a report issued by the R.I. Center for Freedom and Prosperity. more
| 4/4/13 | 2 comments
R.I. at bottom of small-business friendly states, again
Rhode Island finds itself at the bottom of another national ranking, this one for friendliness toward small business. Based on a survey conducted by Thumbtack.com and the Ewing Marion Kauffman Foundation of 7,766 small businesses, Rhode Island was given an “F,” along with Hawaii and Maine. more
| 4/3/13
Small-business insurance market from health law delayed a year
Small-business employees will have to wait a year before they can choose their own medical plans after the Obama administration delayed a part of the 2010 U.S. health care reform law intended to provide them with coverage options. more
FedEx joins CVS in pressing Congress for corporate tax cut
Top executives from 18 large U.S. companies, including FedEx Corp., CVS Caremark Corp. and Boeing Co., are trying to keep up pressure on Congress to cut corporate tax rates. more
Now is the perfect time to fix our roads and bridges
Roads, bridges and other infrastructure in the United States are steadily growing older and weaker. Given low interest rates and elevated unemployment, this is an ideal moment to invest in fixing them. more
Guest Column:
Peter R. Orszag | 4/1/13
More companies needed in exchange
When the Rhode Island health-benefits exchange becomes operational on Oct. 1, companies with fewer than 50 employees will be able to use it to offer health insurance to their workers. But those with between 50 and 99 employees will not be able to do so. more
4/1/13
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