EPI calls for alternatives to budget cuts, including raising taxes

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THE ECONOMIC PROGRESS INSTITUTE has called for the Rhode Island legislature to consider alternatives to spending cuts in the fiscal 2021 state budget.
PROVIDENCE – The economic impact of the COVID-19 pandemic has been projected to cause a massive revenue shortfall for Rhode Island for fiscal 2021. The R.I. House Fiscal Office projects that the state will contend with a $617.7 million shortfall for the year, which will need to be addressed by the Rhode Island legislature. In…

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