PROVIDENCE, R.I. – The candidates in the 1st Congressional District staked out their stances on the Bush tax cuts on Wednesday.
Republican John Loughlin held a news conference outside the state Division of Taxation to express his opposition to all tax increases. He calls for extending the so-called Bush tax cuts due to expire next year.
PROVIDENCE, R.I. – New York Mayor Michael Bloomberg says investing in infrastructure and reaching across political lines is how Rhode Island and the rest of the country will dig its way out of the recession.
Bloomberg made the comment during his endorsement Thursday of Independent gubernatorial candidate Lincoln Chafee. Bloomberg says it takes leadership to reach across party lines and to raise taxes.
Providence, R.I. – Falling revenue is causing Indian-run Connecticut casino Mohegan Sun to cut its workforce. The casino laid off 355 workers and reassigned 120 others this week. Mohegan Sun brought in three percent less revenue in August than it did the same month last year - sixty-seven million dollars, down from sixty-nine million.