general assembly

On Politics
5:56 pm
Tue March 17, 2015

Raimondo Backs Possible Pension Settlement "On the Right Terms"

Credit Ian Donnis / RIPR

Governor Gina Raimondo on Tuesday said she'll continue to back a settlement to high-stakes pension litigation "on the right terms to the state."

As state treasurer, Raimondo spearheaded the 2011 overhaul of the state pension system that shaved about $4 billion from the state's long-term obligations., The savings were achieved by raising retirement ages, suspending cost of living adjustments and moving workers from a defined benefit plan to a hybrid defined contribution plan.

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On Politics
4:28 pm
Fri March 13, 2015

TGIF: 16 Things to Know About Rhode Island Politics & Media

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Happy Budget Week, and thanks for stopping by for my weekly column. Your tips and thoughts are always welcome at idonnis (at) ripr (dot) org, and you can follow me all week long on the twitters. Let's get to it.

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Politics
10:23 am
Fri March 13, 2015

Legislative Leaders Praise Raimondo's FY2016 Budget Proposal

Senate President Teresa Paiva Weed addresses the General Assembly, during Gov. Raimondo's presentation of her first state budget proposal.
Credit Ian Donnis / RIPR

Legislative leaders Thursday praised the first budget presented by Governor Gina Raimondo. House Speaker Nicholas Mattiello said the spending plan avoids broad-based tax increases while promoting economic development.

“I think the overall balance is good, even though some of the decisions within that balance – whether they’re on the revenue side or the cut side – is something that none of us want to consider,” said Mattiello.

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On Politics
10:38 pm
Thu March 12, 2015

Raimondo Unveils $8.6 Billion "Jobs" Budget; Assumptions Include $90M in Medicaid Savings

Raimondo makes her way to the House rostrum before delivering her budget address.
Credit 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.

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On Politics
7:18 pm
Wed March 11, 2015

Raimondo's Budget Challenge: Eliminate $190M Deficit While Boosting RI's Economy

Governor Raimondo gave a brief preview of her budget on Wednesday.
Credit 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.

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