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Solving Rhode Island’s Budget Crisis: What Should be Done?

By BrianHull | May 21, 2009

We are at a critical point for Rhode Island’s fiscal health. The newest update from the Revenue Estimating Conference shows Rhode Island’s deficit grew by $200 million to a total deficit of $590 million for FY 2010. Since 2004, the structural deficit has grown each year, despite the repeated claim that tax cuts will generate jobs and grow our economy. The Governor has presented his budget designed to handicap Obama’s stimulus plan, the House and Senate Finance Committees are debating it now, and it is assumed that the vote will happen sometime in mid-June.

Please join us for a discussion about Rhode Island’s current budget deficit and taxation policy. The current fiscal crisis will be examined with regard to recently enacted budget and taxation policies and the current economic recession. Components of the Governor’s Fiscal Year 2010 budget will be explained and a responsible alternative will be presented to ameliorate the ongoing structural deficit.

Ample time will be provided for a question and answer period. After the presentation, attendees will be encouraged to contact their state Representatives and Senators.

For your convenience, the budget presentation will be given in six different locations around the state. Space is limited, however, so please RSVP by clicking the links below.

The event will be hosted by the Rhode Island Progressive Democrats of America in association with the Campaign for Rhode Island’s Priorities.

Download the flyer and spread the word!

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