Statements about Economy

"Since 1988, Congress has raised its own salary 15 times 'to reflect rising costs.' But raised the minimum wage only three times."

"Only 25 percent of what people buy is subject to Rhode Island’s sales tax."

Rhode Island's unemployment insurance system "is the most expensive such system in the country."

"We have created new jobs here in Cranston -- more than 1,000."

"Wind power is the most undependable form of renewable energy."

"The Congressional Budget Office, a nonpartisan office, did an analysis and said that passing comprehensive immigration reform will reduce the federal deficit by $200 billion over the next decade."

The ocean is now "much more acidic . . . than it has been for many millions of years."

The oceans "have become 30 percent more acidic."

Farming is "one of the fastest growing areas of our economy."

Economic Development Commission Executive Director Keith Stokes "sent me a letter and he said the taxpayers will never be on the hook for these bonds" for 38 Studios.

"Rhode Island has a [inmate] recidivism rate of over 60 percent."

"RIPTA has really some of the fullest buses for its transit agency size around the country."

"The average student comes out of college hundreds of thousands of dollars in debt."

Since Gina Raimondo took office, investment fees on the state's pension portfolio "have gone up from about $12 million annually to about $50 million."

"Women make 77 cents for every dollar earned by men."

"In Rhode Island, 28 percent of adults released from state prisons are re-incarcerated within a year."

"No one knows who bought the [38 Studios] bonds. And there was some language put in the bond offer that they must remain anonymous."

"There's a tax credit of $2,400 to bond [former inmates] that an employer would get for hiring a convicted felon. There's a federal bonding program -- you can get $5,000 to $25,000 in federal money to hire a convicted felon. And there's federal grants for felons to set up their own small businesses."

Of six Rhode Island tax-credit programs worth about $35 million, "three companies got 90 percent of that -- CVS and two companies not even located in the state of Rhode Island."

"The amount of money that we put into running our own state legislature is nearly as much as we put into the University of Rhode Island."

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