Lincoln Chafee

Politics
8:51 am
Thu June 5, 2014

Finance Committee To Take First Pass At 2015 State Budget

The House Finance Committee is expected to voted on the State Budget Thursday night.
Credit Aaron Read / RIPR

The House Finance Committee is expected to vote this Thursday on a new state budget for the fiscal year beginning July first. The General Assembly traditionally makes significant revisions to the governor’s proposed spending plan.

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On Politics
3:48 pm
Tue June 3, 2014

Chafee and the RI Economy: Not as bad as media myth

RI job growth

It has become a Rhode Island cliché that Lincoln Chafee is a failed governor because he hasn’t done enough to create jobs in Rhode Island’s flagging economy.  This notion has been driven relentlessly by talk radio shills and the editorial and news pages of the state’s legacy print media outlets, some of which are groping for relevance in a reshaped media environment.

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On Politics
11:35 am
Thu May 29, 2014

Opposing 38 Studios from R.I. Left and Right

A variety of speakers from across the Rhode Island political spectrum will hold a Statehouse rally this afternoon to urge the General Assembly to oppose paying off the 38 Studios bonds.

Among those speaking are Larry Girouard of the R.I. Taxpayers group, spokes people from the R.I. Libertarian Party, the R.I. Green Party and Occupy Providence, the local offshoot of the Occupy Wall Street movement.

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On Politics
3:42 pm
Tue May 20, 2014

The inconvenient master lever truth

Here is the voting data:

Providence is Rhode Island’s most diverse municipality. The capital city is home to just about every segment of  Rhode Island’s rich ethnic, racial and socio-economic  mix.

Thus Providence is a reliable prism through which to view the never-ending debate over the master lever. What the data show is that the some of the proponents of abolishing it have, as  Ricky Riccardo used to say to Lucy on the old Lucille Balll Show, ``some 'splanin to do.’’

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Scott MacKay Commentary
3:40 pm
Thu May 15, 2014

Scott MacKay Commentary: RI Master Lever Myths

State lawmakers have been fighting over the master lever for years, but how much does it really matter?
Credit Kristin Gourlay / RIPR

Eliminating the master lever in Rhode Island elections is picking up steam in the General Assembly. RIPR political analyst  Scott MacKay says getting rid of straight party voting may be much ado about not much.

The Rhode Island House of Representatives recently voted unanimously to end the so-called master lever, a relic of the state’s urban political machine past. A conga line of statewide elected politicians, from Gov. Lincoln Chafee down to Secretary of State Ralph Mollis, support this change.

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On Politics
3:57 pm
Mon May 12, 2014

S&P Warns RI Of Slipping Credit If The State Balks On 38 Studios' Debt

Standard & Poor's Rating Services has put Rhode Island's credit on watch with negative implications due to ongoing debate about paying back bondholders who invested in the failed video game company 38 Studios.

In an advisory released Monday, S&P said it was lowering the rating on bonds issued by the Economic Development Corporation for 38 Studios in 2010 from A to BBB.

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On Politics
2:27 pm
Fri May 9, 2014

RI Assembly Caught in Curt Schilling Rundown Pickle

So here’s another report that shows just how badly the General Assembly has fumbled the 38 Studios ball. Gov. Lincoln Chafee has released a financial consultant’s report that shows that it would cost less for the state to pay off the 38 Studios  bonds than to default.

The finding, by the firm SJ Advisors, states that Rhode Island’s credit rating would take a significant hit if the state walked away from the $75 million in  bond obligations to those who invested retired Red Sox pitcher Curt Schilling’s folly, 38 Studios.

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On Politics
12:49 pm
Fri May 9, 2014

State-Commissioned Report Finds RI Better Off Paying Back 38 Studios' Investors

Credit Ian Donnis/File Photo / RIPR

A report commissioned by the Chafee administration has found that even under the best-case scenario, Rhode Island will be better off paying back bondholders who invested in the failed video-game company 38 Studios.

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Political Roundtable
4:00 am
Fri May 9, 2014

Political Roundtable: 38 Studios; Infrastructure Funding; & Chafee as Lame Duck

Credit Ian Donnis/File Photo / RIPR

Pablo Rodriguez joins Political Roundtable this week to discuss the latest developments related to 38 Studios; competing legislative plans on funding infrastructure improvements; Governor Chafee's effectiveness as a lame duck; and the impact in Rhode Island of climate change.

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Scott MacKay Commentary
4:06 pm
Wed May 7, 2014

Scott MacKay Commentary: RI Lawmakers Swept 38 Studios Under The Rug

It's been nearly four years since the General Assembly approved state support for the now-defunct video game company 38 Studios.
Credit RIPR FILE

What’s worse than the 38 Studios fiasco for Rhode Island ‘s political and economic reputation? RIPR political analyst  Scott MacKay points to the aftermath.

It’s been nearly four years since  then- Gov. Donald Carcieri, the state Economic Development Corporation and the General Assembly foisted the disaster that is 38 Studios on Rhode Island taxpayers.

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