Politics

Politics
2:22 pm
Wed May 14, 2014

Sen. Reed Outlines Bill Lowering Cost Of Student Loan Debt

On Capitol Hill, Sen. Jack Reed joined by Senators Al Franken and Elizabeth Warren outlined legislation Wednesday that curbs student loan debt.

The bill allows federal and private student loans to be refinanced at a lower rate with no refinancing fees. The interest on some loans can reach 14 percent. The bill lowers that to 3.86 percent. Reed said the bill is critical to the country’s future.

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Politics
9:34 am
Tue May 13, 2014

House Finance Committee Takes Up 38 Studios Repayment

The House Finance Committee will take up the issue of repaying 38 Studios bondholders.
Credit Kristin Gourlay / RIPR

The House Finance Committee is slated to meet this Tuesday with the author of a recent report calling on the state to pay back 38 Studios’ bondholders.  The appearance comes amid growing debate about whether to skip paying the bonds.

SJ Advisors of Minnesota is slated to deliver a presentation to the Finance Committee, and no public testimony will be taken. A report by SJ Advisors, made public last week. Found that even under a best-case scenario, Rhode Island would be better off paying its debt from 38 Studios.

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Political Roundtable
4:00 am
Fri May 9, 2014

Political Roundtable: 38 Studios; Infrastructure Funding; & Chafee as Lame Duck

Credit Ian Donnis/File Photo / RIPR

Pablo Rodriguez joins Political Roundtable this week to discuss the latest developments related to 38 Studios; competing legislative plans on funding infrastructure improvements; Governor Chafee's effectiveness as a lame duck; and the impact in Rhode Island of climate change.

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Politics
8:47 am
Thu May 8, 2014

House Oversight Committee To Hear Testimony On 38 Studios Repayment

The House Oversight Committee will hear testimony on 38 Studios repayment.
Credit RIPR FILE

The head of a business-backed group is slated to offer his view this Thursday on the pros and cons of paying back investors in 38 Studios.  The House Oversight Committee plans to take up that issue.

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Politics
9:07 am
Wed May 7, 2014

Senate Committee Votes To Eliminate Sakonnet River Tolls

Senate President Teresa Paiva Weed in the Finance Committee.
Credit Ian Donnis / RIPR

A state Senate committee voted Tuesday to create a new Rhode Island infrastructure fund that would eliminate tolls on the Sakonnet River Bridge. As Rhode Island Public Radio political reporter Ian Donnis reports, the bill faces several hurdles to take effect.

The legislation unanimously passed by the Senate Finance Committee would generate 800 million dollars over 10 years for keeping up roads and bridges. Senate President Teresa Pavia Weed calls the bill a long-term approach, starting next year, for improving the state’s decaying infrastructure.

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Politics
3:50 pm
Tue May 6, 2014

Bill Would Put RI Gov. & Lt. Gov. On Joint Ticket

A senate committee will vote Wednesday on legislation that would ultimately put the governor and lieutenant governor on a joint ticket. The bill co-sponsored by Senate President Teresa Paiva Weed would let voters decide on a constitutional amendment linking the two top offices.

Paiva Weed said previous lieutenant governors have had to define their own roles, while this legislation would make them an assistant to the governor.

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Political Roundtable
4:00 am
Fri May 2, 2014

Bonus Q&A: Salvatore on Providence's Budget, Development Challenges, Taxes & More

Ward 14 Providence Councilor David Salvatore, chairman of the city's Ways and Means Committee, joins Bonus Q+A this week to discuss the city's long-term obligations; barriers to economic growth; the vacant Superman Building; and other issues.

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Political Roundtable
4:00 am
Fri May 2, 2014

Political Roundtable: Salvatore on Providence's Finances, the People's Pledge, Master Lever & More

Credit Ian Donnis / RIPR

Providence Ward 14 City Councilor David Salvatore, chairman of the council's Ways and Means Committee, joins Political Roundtable to discuss the emergence of Providence's finances as a campaign issue; the impact of a "People's Pledge" in the Democratic primary; the soaring cost of growing state Medicaid enrollment; and the possible effect of eliminating the master lever.

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Politics
2:15 pm
Wed April 30, 2014

Coalition Mounts Opposition To RI Constitutional Convention

Coalition members speak out against a constitutional convention in Rhode Island.
Credit John Bender

Dozens of people gathered in Providence Wednesday to protest a proposed constitutional convention in Rhode Island. The debate whether to hold this convention comes up every 10 years.

The constitutional convention gives Rhode Island voters an opportunity to change their state constitution.  Delegates outside the general assembly are chosen to represent districts across the state in a meeting to draft referenda that will appear at state-wide elections.

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Politics
1:50 pm
Mon April 28, 2014

Pell, Raimondo, Taveras Sign On To A “People’s Pledge”

A so-called “people’s pledge” has been hammered out and agreed to by the three leading democratic candidates running for governor. The goal is to limit outside spending.

To limit that outside spending, Clay Pell, Gina Raimondo, and Angel Taveras have agreed to a pledge calling for any candidate who benefits from an ad bought by an outside group to make a charitable donation for the same amount of the ad buy.

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