Statements about State Finances
"The legislature was never given the opportunity to debate or vote on loaning $75 million to 38 Studios."
Says when Rhode Island Lottery was proposed, "state residents were enticed to vote for it with the promise that the money would be used for education."
"There are a lot of casinos across the country that have gone bankrupt."
"We got [the Quonset Business Park] for free and we’re getting zero dollars out of it into the state coffers … other than the fact that it produces the jobs."
"If they made no changes whatsoever, the [state employees pension] plan still had enough money to go forward for approximately the next 16 years."
"Sixty-percent of the state retirees...don’t get Social Security.’’
"The State of Rhode Island has the worst state-funded pension in the country."
"This is the first time in our state, and one of the first times in the country, where benefit reductions . . . has happened to people who are retired."
"The Tax Foundation figures Rhode Island as the 10th highest state for state and local tax burden per capita in the country. We're the 6th worst in the country for the business tax index. We're the 3rd highest per capita in the country for all taxes."
"Health care is the greatest contribution to spending increases in the state budget."
"In the past six years alone, changes to the pension formula … have saved over half a billion dollars."
"The studies have shown us that [drug testing for welfare recipients] will be saving us money"
Statistically, law-enforcement officers die 10 years earlier than the general population.
Central Falls "schools are overfunded by state money by as much as $8 million."
"The average 401(k) in America of a person who's 60 years old is under $100,000."
"Dubious taxpayer-funded" stimulus spending -- Part II.
Rhode Island spends "52 percent more per capita on human service programs than the national average."
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