Ian Donnis / RIPR

Governor Gina Raimondo on Thursday touted her $8.6 billion budget for the fiscal year starting July 1 as a plan that will begin the rejuvenation of Rhode Island's economy.

At the same time, some parts of the spending plan rely on uncertainties, including $46 million in unspecified Medicaid savings and the wiping out of millions of dollars in un-budgeted pay hikes promised to state employees during the Chafee administration.

Don Borman

  Gov. Gina Raimondo gave her first State of the State address last night, unveiling her first budget.

Explore the governor's budget online.

Here's the full text of Gov. Gina Raimondo's budget address, given Thursday evening in the Statehouse.

Speaker Mattiello, Senate President Paiva Weed, Members of the General Assembly, the Judiciary, the Cabinet, City and Town Leaders, and my fellow Rhode Islanders.

Good Evening. It is an honor to stand before you to address how we can work together to expand opportunities for all Rhode Islanders and create jobs.

Gov. Gina Raimondo is scheduled to deliver her first State of The State address tonight. The address will give Rhode Islanders their first look at the governor’s spending priorities for the coming fiscal year.

Ian Donnis / RIPR

Rhode Island faces a big financial gap as Governor Gina Raimondo prepares to unveil her first budget Thursday. State law requires a balanced spending plan, and Raimondo has pledged to improve Rhode Island’s economy while wiping out the red ink. But that will be no easy task.