Legislative finance committees are set to start holding hearings Tuesday on details of Governor Gina Raimondo’s first budget. The governor’s spending plan has attracted both praise and criticism.
The House and Senate finance committees stage weeks of hearings to review different aspects of the annual budget. Supporters and opponents of different programs turn out to testify, in an attempt to sway lawmakers.
Public employees in Rhode Island are scheduled to vote next week on a proposed deal to settle a lawsuit over Rhode Island’s pension overhaul. The settlement could save the state as much as $4 billion dollars in payments to retired state employees. It could also have benefits for union members. Rhode Island Public Radio political reporter Ian Donnis talks details with RIPR's Elisabeth Harrison.
The House Finance Committee is slated to vote Tuesday on a bill that would clear the path for a hotel to be built at Twin River in Lincoln. The casino was banned from building a hotel as part of a law passed in 2005.
Twin River says a hotel will help it compete, as the casino faces growing competition from new gambling facilities in Massachusetts and Connecticut. Gambling is Rhode Island’s third-largest source of state revenue, and out of state casinos could cut the Ocean State’s annual revenue by up to $100 million.
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.
A top legislative Republican praised Governor Gina Raimondo for expressing an optimistic message in her budget address last night. But Foster Representative Michael Chippendale said the state GOP also has a number of concerns about Raimondo’s spending plan.
“While it was stated that there were no broad-based tax increases, we do see some that we do not find particularly attractive, particularly the HealthSource Rhode Island example,” said Chippendale.