Providence Business News Editor Mark Murphy joins Rhode Island Public Radio's Dave Fallon for our weekly business segment The Bottom Line.
This week news director Catherine Welch and Mark talk with Rhode Island Public Radio political analyst Scott MacKay. They discuss what Gov. Lincoln Chafee has hit and missed to boost the state’s economy and what the next governor will need to do to lift the state out of its economic doldrums.
When to Listen
You can hear The Bottom Line each Friday at 5:50pm.
In December, 1991 Bill Clinton swooped into Providence for a University Club fund-raiser for his nascent presidential campaign. He arrived at Green Airport in a small private plane and was met by former Providence Mayor Joseph Paolino, Suzanne Magaziner and her young son.
As Clinton got off the plane, he reached out and patted the young boy on the head. ``Hey Seth, how areyah?, said the Arkansas governor in the drawl that would become known around the world after his 1992 election as president.
A new program is launching to make it easier for first time homebuyers in the Ocean state. The program offers up to two-thousand dollars a year in tax credits for the life of a mortgage to eligible individuals.
The program is run through a partnership between the non-profit Rhode Island Housing, and various mortgage lenders. So far 41 people have applied for the program. Governor Lincoln Chafee says it will help Rhode Island on the road to economic recovery.
The federal government has not asked Rhode Island to shelter some of the migrant children entering the country by the thousands from Central America. More than 100 are already living in the state.
There are currently 119 kids in Rhode Island. That’s according to data from the U.S. Department of Health and Human Services. These children were not moved here by the federal government, but placed with sponsors, who are family or friends already living in the U.S. The placement has been happening since January. It’s unclear how long the children will be staying.