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Rhode Island lawmakers have found themselves in unfamiliar territory in recent years, thanks to consecutive budget surpluses. The black bottom line is thanks to a windfall of federal COVID aid and higher than expected state tax revenue. Because of the surpluses, lawmakers have not had to wrestle recently with the big annual deficits that had been the norm for more than 20 years.
The post DiBiase on RI’s budget, tax policy and what it will take to fix the schools appeared first on TPR: The Public's Radio.
By The Public's Radio5
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Rhode Island lawmakers have found themselves in unfamiliar territory in recent years, thanks to consecutive budget surpluses. The black bottom line is thanks to a windfall of federal COVID aid and higher than expected state tax revenue. Because of the surpluses, lawmakers have not had to wrestle recently with the big annual deficits that had been the norm for more than 20 years.
The post DiBiase on RI’s budget, tax policy and what it will take to fix the schools appeared first on TPR: The Public's Radio.