Posts Tagged ‘budget’

Debt Ceiling

28Jul11

The Associated Press cites: “At least one credit rating agency has already made it clear that unless that agreement includes at least $4 trillion in budget cuts over the next decade, the country’s AAA rating could be lost. Right now, the proposals under discussion cut around $2 trillion or less.” One problem with these numbers […]


Gordon Fox has only been the Speaker of the House since February 11 and just 62 days later, he suffered his first major attack.   In what has been a slam dunk for the last 34 years (according to the Providence Journal), the RI Senate rejected a budget bill that was passed by the RI […]


Ok, first things first. Today is April 14. The fiscal year ends on June 30. In about 75 days or so. So when would you think the budget should be complete and accurate for this year? 75 days before it’s over? How hard is it to create a budget for a year that is over? […]


The Providence Journal did a pretty good job showing what’s wrong with the state and its budget, but the writer didn’t really seem to dig far enough or ask the hard questions.  Let’s take a look. In 2009, the Assembly passed a budget that it knew wasn’t balanced, in spite of receiving a balanced budget […]