Wealthy GOP candidate throws hat in CD2 race

PROVIDENCE, RI – Narragansett businessman Michael Riley announced his Republican challenger to Democratic Congressman Jim Langevin Monday. Riley appears to be the best-funded of Langevin's three opponents.

Riley says he moved to the state from New Jersey after being in the World Trade Center during the 9/11 attacks. The 55-year-old says his decades of work as an investment manager make him qualified to run for Congress.

Riley says he supports the Republican leadership in Congress and will focus on economic issues.

"You have to start with cut spending and balance the books, at all levels," says Riley. "Second and simultaneously, you need to reform taxes. On a national level, you need a simple, flatter tax."

Riley says he may pour the $1.5 million of his own money into his campaign that he calls necessary for a competitive race against Langevin. The six-term Democratic incumbent also faces challenges by Democratic John Matson and Republican Michael Gardiner.

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