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April 22, 2008

R.I. lawmakers could vote on budget fix

PROVIDENCE -- Democratic lawmakers are considering a vote on a revised budget that tries to close a multimillion dollar shortfall.

Democrats on the House Finance Committee were scheduled today to release their version of a budget to close a $151 million deficit in the current fiscal year ending in June. They still face an estimated $400 million deficit in the coming year.

A spokesman for Democratic House Speaker William Murphy said budget talks were ongoing last night. It was unclear if the committee would delay the vote.

Earlier this year, Republican Gov. Carcieri proposed balancing this year's deficit by making deeps cuts to school funding, reducing state aid for cities and towns and reducing social welfare spending.

Democrats hold a veto-proof majority in the General Assembly and can alter Carcieri's plans.

-- The Associated Press

Posted by Jack Perry  at 10:58 AM | Permalink

Comments

Has anyone seen the plans on how the Assembly plans to close the deficit? How does it differ from the Governor's very public plan?

dan-o | April 22, 2008 11:29 AM link

I have this nagging feeling that the GA will have some borrowing scheme to plug the gap.

Dave from Ashaway | April 22, 2008 12:41 PM link

Tax Anticipation Bonds for sure. And a stack of new "fees", of course. Probably no change in the way THEY do business. Wasteful spending will abound.

Greg | April 22, 2008 1:39 PM link

In the past, instead of addressing the structural problems in the state, the GA has always relied on one-time fixes such as tobacco money to plug the gap. I didn't think there were any more of those left.

dan-o | April 22, 2008 1:53 PM link

How about the citizens of RI vote on our own budget fix- THROW THE BUMS OUT!

But no, it's always the same. "Well, MY guy is ok, it's the rest of them that are the problem." And then they pull the Democrat lever.

In two to four years, they wonder why nothing's changed, and pull the Democrat lever again.

If the definition if insanity is doing the same thing over and over again but expecting different results, I'd say most of RI's population belongs in Butler based solely on their voting history.

EMT | April 22, 2008 5:44 PM link

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