economy

Ian Donnis / RIPR

Democratic gubernatorial candidate Gina Raimondo says the state needs to streamline and modernize regulations to encourage entrepreneurs.

Speaking at Foolproof Brewing in Pawtucket, Raimondo cited the company as part of Rhode Island’s growing craft-brewing sector. But Raimondo says startups like Foolproof are succeeding in spite of excessive and antiquated regulations. She says entrepreneurs are sometimes left feeling like they’ve done something wrong after filling out government applications and permits.

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A conservative-leaning think tank says Rhode Island spends more than 220 million dollars each year on what it calls non-essential state services.  The Rhode Island Center for Freedom and Prosperity says cutting this spending would improve Rhode Island’s economy.

RIPR FILE

The House Labor Committee is slated to review a bill Tuesday that could increase the use of apprentices on state public works contracts. But critics say that mandating more work by apprentices could increase costs for municipal and state projects.

A union-backed bill sponsored by Providence Representative John Carnevale would require companies bidding on public projects worth more than $1 million to have an apprenticeship program. The legislation would apply only to contractors and subcontractors with five or more employees.

The Quonset Business Park welcomes ships carrying Honda vehicles to the Port of Davisville Monday. This is the first time Honda has shipped products to Rhode Island shores.  Quonset Development Corporation spokesman David Preston says he hopes the addition of Honda will help to build economic growth in Rhode Island.

Democratic gubernatorial candidate Gina Raimondo joins Political Roundtable this week to discuss her plan meant to add manufacturing jobs; high-stakes testing; tax policy; the slow start to redeveloping former I-195 land; and other issues.

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