Tag: Michael DiBiase
RIPEC supports borrowing in upcoming bond referenda
PROVIDENCE – The Rhode Island Public Expenditure Council supports borrowing for the seven bond initiatives that will be considered by voters in a special...
Report: R.I. GDP declines at 2% annual rate in Q4
PROVIDENCE – Rhode Island's gross domestic product was estimated to have declined at a 2% annualized rate in the fourth quarter of 2020, according...
RIPEC advises ‘more urgency’ in addressing state FY22 budget deficit
PROVIDENCE – The Rhode Island Public Expenditure Council is advising state legislators to act with “more urgency” in addressing a $513.7 million budget deficit...
RIPEC suggests steps to boost R.I. business tax climate
PROVIDENCE – The Rhode Island Public Expenditure Council released its analysis of the Tax Foundation's 2021 Business Tax Climate Index on Tuesday, offering recommendations...
Report: Despite job gains, R.I. economic activity “severely constrained” in Q3
PROVIDENCE – Despite recovering a number of jobs, economic activity in Rhode Island continued to be "severely constrained" because of the coronavirus pandemic, said...
Slow-spending R.I. has two months to disperse $900M in CARES Act...
Rhode Island officials rejoiced when they learned in March that the state would get a $1.25 billion slice of the federal coronavirus relief package....
Ramp up R.I. pandemic aid spending where it’s needed most
It’s usually wise not to quickly spend a windfall, unless there’s a use-it-or-lose-it deadline attached to it. That’s the situation the state finds itself...
More tax revenue, fewer expenses lessen FY 20 strain on state...
PROVIDENCE – The hit COVID-19 took on state coffers in fiscal year 2020 was not as bad as expected, thanks to a combination of...
Pandemic offers R.I. leaders a chance to reassess priorities
Rhode Island has been hit harder by the COVID-19 pandemic than most states, and the economic fallout has left the General Assembly with a...
RIPEC: State unemployment trust may run out by Sept., resulting in...
PROVIDENCE – Rhode Island’s unemployment insurance trust fund is on track to run out by September, and the result may be higher taxes for...


















