Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for a weekly business segment we're calling "The Bottom Line." Each Friday they look at business news and themes that affect local business and the public.
This week, Dave and Mark sit down with RI Public Expenditure Council Executive Director John Simmons.
A business-backed advocacy group says Rhode Island needs to make fundamental changes to strengthen its economy. The Rhode Island Public Expenditure Council is urging support for legislation this week to reshape the state’s approach.
The Rhode Island Public Expenditure Council, RIPEC, said lower than expected state revenue is a sign of continued weakness in Rhode Island’s economy. In contrast to Massachusetts, the Ocean State has yet to regain the peak number of jobs that existed before the recession.
The Rhode Island Public expenditure Council (RIPEC) will honor Middletown Police Chief Anthony Pesare and Sharon Reynolds Ferland, fiscal advisor for the Rhode Island House of Representatives, with public service awards at the group’s annual meeting tonight at the Rhode Island Convention Center.
Cook Political Report editor and Rhode Island native Jennifer Duffy will deliver the keynote address. Gov. Lincoln Chafee, Senate President Teresa Paiva Weed, D-Newport and House Speaker Gordon Fox, D-Providence, will also speak at the 69th RIPEC annual meeting.