Budget - Providence Business News

GENERAL ASSEMBLY LEADERS says they plan to prioritize oversight and prudent fiscal policy during the next legislative session beginning on Jan. 7. / PBN FILE PHOTO/CASSIUS SHUMAN

House, Senate leaders to prioritize oversight, addressing unsolved issues

Economy 12/17/2024

PROVIDENCE – General Assembly leaders in both chambers say the 2025 legislative session will be more about oversight than any groundbreaking reforms when it...

Mass. Gov. Maura Healey announces $375M in budget cuts

Economic Activity 01/09/2024

BOSTON (AP) – Mass. Gov. Maura Healey announced $375 million in budget cuts for the current fiscal year Monday as the administration seeks to...

BACK TO WORK: The General Assembly returned to work Jan. 2 with legislative leaders warning that the budget surplus this year will likely be much smaller than recent years.  PBN FILE PHOTO/CASSIUS SHUMAN

Party’s over in GA; will state lawmakers adjust?

Editorial and Op-Ed 01/05/2024

State lawmakers started the last two General Assembly sessions with massive projected state budget surpluses and $1.1 billion in federal pandemic aid to hand...

Overspent in December? Here’s how to battle the January blues

Economic Activity 01/02/2024

The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it...

Five Questions With: Ernie Almonte

5Q 09/15/2023

1. How would you grade the Gov. Daniel J. McKee administration and the General Assembly’s performance in addressing the league’s concerns? To support municipalities and...

Senate approves record $14B state budget

Government 06/15/2023

PROVIDENCE – It’s all over but the signing. By a 32-4 vote, the R.I. Senate on Thursday approved a $14 billion fiscal 2024 budget, a...

Five Questions With: Marvin L. Abney

Financial Services 03/20/2023

Rep. Marvin L. Abney, D-Newport, has a crucial job at the Statehouse – he leads the committee that is charged with closely examining the...

Biden budget aims to cut deficits nearly $3T over 10 years

Economy 03/08/2023

WASHINGTON (AP) – President Joe Biden's upcoming budget proposal aims to cut deficits by nearly $3 trillion over the next decade, according to an...

RIPEC report warns of increasing general revenue spending trend

Economic Activity 03/24/2022

PROVIDENCE – The Rhode Island Public Expenditure Council is warning state policymakers about an increasing trend in general revenue spending, while calling for the...