Promises about State Budget on Linc-O-Meter
"Rather than forcing our property taxes to rise across Rhode Island, we should carefully examine a two-tier sales tax. Other states have this system and it is working."
"I will submit a budget proposal to start protecting our higher education assets. We will stop the dramatic reductions in funding to CCRI, Rhode Island College and the University of Rhode Island."
"I will hold a budget summit. I will hold a budget summit with all stakeholders within the transition period."
"I will conduct audits of all economic development tax deals. We need to stop the bleeding of state resources through tax credit programs that have no discernible impact."
"Launch a thorough, case-by-case review of all 33 leases currently held by the state in commercial office buildings."
"When the economy improves, Chafee backs lowering taxes on personal income and corporate profits."
"Chafee will oppose any changes to our taxes without first reforming our spending, particularly the mandates."
Reform pension plans: Reamortize pension; create hybrid 401(k), audit existing plan, develop long-term plan to coordinate retirement age with Social Security age.
"We will take action to simplify the business tax system and plan for a sustainable state budget."
Move aggressively on the municipal level to curb future pension costs, avoid protracted litigation, ensure employment stability, be fair to workers, older workers in particular, and honestly address all the critical issues facing the state with respect to pension benefits.