The Real Problem
Ocean State Taxpayers Are Dishing Out An Extra $888 Million Per Year (Because Of Unfair Collective Bargaining!) At a cost of approximately $888 per year for each of Rhode Island’s...
Standard & Poor’s Upgrades City of Providence’s Bond Rating
Agency’s annual review upgrades bond rating to BBB+ from BBB and assigns Stable Outlook PROVIDENCE, RI – Mayor Jorge O. Elorza today announced that Standard and Poor’s Corporation (S&P)...
Hassenfeld Criticizes IGT Deal, Fails to Disclose Hasbro’s Ties to Twin River’s Partner
Hassenfeld Criticizes IGT Deal, Fails to Disclose Hasbro’s Ties to Twin River’s Partner Alan Hassenfeld, retired Chairman of the Board and Chief Executive Officer of Hasbro, has come out raising...
RI Sports Betting Numbers Are in for Year One — They Are Abysmal
RI Sports Betting Numbers Are in for Year One — They Are Abysmal If you are looking for a sure bet, then wager against the state of Rhode Island to be able to estimate revenue for Read More. ...
Bryant Economist’s Study Shows IGT Generates $329 Million Annually to RI Economy
Bryant Economist’s Study Shows IGT Generates $329 Million Annually to RI Economy IGT is pushing back against casino operator Twin River — and backing up claims about its economic importance in...
RI’s State Pension & Unfunded OPEB Liability Grows – Tops $4B, But That’s Not the Biggest Threat
RI’s State Pension & Unfunded OPEB Liability Grows – Tops $4B, But That’s Not the Biggest Threat Rhode Island’s unfunded liability for the state’s pension funds and the liability for...
Right AGAIN!
Sometimes, It Takes Years To Get Them To Listen Right AGAIN! Did you see Speaker Mattiello on GoLocal Prov Live? We’re glad that he echoed our Center’s long-time call that the...
$100M Investment Slated for Former Newport Grand Property – Apartments, Innovation Center
NEW: $100M Investment Slated for Former Newport Grand Property – Apartments, Innovation Center The Carpionato Group today unveiled development plans for the former Newport Grand Casino property....
New $60.3 Million INFRA Grant Will Help Pave the Way for Improvements to Northbound Providence Viaduct
New $60.3 Million INFRA Grant Will Help Pave the Way for Improvements to Northbound Providence Viaduct Whitehouse authored INFRA grant program to meet RI’s needs for large-scale infrastructure...
Rhode Island and Business Rankings — State Has Been Stuck for More than a Decade
Rhode Island and Business Rankings — State Has Been Stuck for More than a Decade Despite commissions and gubernatorial promises — Rhode Island consistently comes up on the bottom of the...
Legal Issues Besiege Twin River — Separate Federal and State Investigations Hit Company
Legal Issues Besiege Twin River — Separate Federal and State Investigations Hit Company The company that operates Rhode Island’s two casinos, Twin River Worldwide Holdings, is now facing both...
RI Drops from 45th to Worst in Country for Business in Latest CNBC Rankings
NEW: RI Drops from 45th to Worst in Country for Business in Latest CNBC Rankings Rhode Island is ranked as the worst state in the country when it comes to business climate, according to newRead More....
Statement WRT FY20 Budget
PROVIDENCE, RI – Mayor Jorge O. Elorza signed the FY 2020 City Budget tonight and provided the following statement: I am pleased that by working with my colleagues in the City Council, we have...
Despite Raimondo’s Budget Priorities Being Striped Out, She Signs FY 2020 Budget
NEW: Despite Raimondo’s Budget Priorities Being Striped Out, She Signs FY 2020 Budget Governor Gina Raimondo signed the FY 2020 budget on Friday. Read More. RI Health Warns of Pet...
Jobs & Opportunity Index (47th in JOI): A Little Help from UHIP
A Little Help From UHIP Providence, RI – The May edition of the RI Center for Freedom & Prosperity’s Jobs & Opportunity Index (JOI) report brought Rhode Island back up to 47th...
Prov City Council Passes Budget With Cuts and Homestead, Pare’s Salary Slashed
UPDATED: Prov City Council Passes Budget With Cuts and Homestead, Pare’s Salary Slashed The battle is over. The month-long raging battle between the Providence City Council and Mayor Jorge Elorza...
GEV Wind Power to build US Headquarters in Rhode Island
RI Business Update | June 2019 Rhode Island to be U.S. Headquarters for GEV Wind Power Orsted signs MOU with Rhode Island eMoney Exceeds Hiring Goals Report: RI Has Lowest Combined Corporate Tax Rate...
Major Ruling Against $1B Invenergy Plant, Providence City Council Erupts
RI Energy Facility Siting Board Rules Against Invenergy, Company Weighing Its Options In a historic decision, the Rhode Island Energy Facility Siting Board has ruled that the energy to be supplied by...
RI Realtors Say New Sales Price Record Was Set in May
RI Realtors Say New Sales Price Record Was Set in May Rhode Island set a new median sales price record for the month of May, according to the Rhode Island Association of Read More. ...
Big Winners and Losers – Rhode Island FY 2020 Budget
Big Winners and Losers – Rhode Island FY 2020 Budget The $9.9 billion budget passed on Saturday afternoon by the Rhode Island House of Representative has some big winners, Read More. ...