R.I. leaders grapple with $200M budget deficit

Mary MacDonald

January 3, 2020 3:08 am

0103hotT — Gov. Gina M. Raimondo, who is expected to release her budget proposal for fiscal 2021 by mid-January, has said she is seeking ways to close a structural deficit. / PBN FILE PHOTO DAVE HANSEN.

Rhode Island has a budget deficit, again. By definition, a structural deficit is a persistent budget situation in which revenues are growing slower than expenditures. And Rhode Island has had one for years, as growing revenue fails to overcome expenses. Gov. Gina M. Raimondo recently said that she is trying to address what could be…