economy

Economy
8:30 am
Thu July 28, 2011

State leaders prepare for possible loss of federal funds

Providence, RI – Governor Lincoln Chafee is reviewing the state's options should Congress fail to reach a deal and raise the nation's debt limit. Without raising the debt ceiling, Rhode Island could see some of its federal funding disappear, affecting programs like food stamps and Medicaid. Chafee says Congress must reach an agreement, as Rhode Island, along with the rest of the nation, cannot afford anything that would impede its economic recovery.

Read more
Economy
5:52 am
Tue July 19, 2011

Central Falls receiver rolls out pension changes

Central Falls receiver Robert Flanders Jr. explains changes to pensions and benefits.
Photo by Catherine Welch

PROVIDENCE, RI – It's now up to Central Falls retirees and workers to decide whether they will accept changes to their pensions and benefits. Those changes include a haircut for everyone who retired before turning 60-years-old.

Read more
Economy
6:57 am
Wed July 13, 2011

RI seniors anxious about not getting Social Security check

PROVIDENCE, RI – In reaction to President Obama's statement that Social Security and veteran's checks may not go out next month, Rhode Island seniors say they are worried that they may not get their checks.

At a North Providence senior center, the threat of a cut-off in social security benefits starting August 3rd had people like Thelma Visnewski wondering how they would pay their rent.

Read more

Pages