Highlights of the Governor’s Proposed FY2020 Budget

The Governor’s proposed FY2020 budget (“the budget”) totals $9.9 billion, an increase of $358 million (M) over the enacted FY2019 budget. This includes $4.1 billion in general revenue ($167M more than 2019), $3.3 billion in federal funds ($110M more than 2019) with the balance from restricted receipts ($30M) and other sources such as lottery revenue ($2.3 billion). We have highlighted …

The wage gap is bad for Rhode Island women, its worse for women of color

By Juan Espinoza Economic Progress Institute. The wage gap between women and men is often mentioned as one of the hardest barriers for women to overcome in the workforce. However, Rhode Island’s women of color face even higher barriers to economic security. A new infographic co-released by the Women’s Fund of Rhode Island and the Economic Progress Institute shows how women …

How you can help increase Rhode Island’s Earned Income Tax Credit!

The EITC is a common sense tax break that reduces the income tax owed by low-wage working families, allowing them to keep more of their paycheck. Over the last few years, 86,000 Rhode Island taxpayers saw an increase to their state EITC and are set to see another increase for tax year 2017 from 12.5% of the federal credit to …

Tight labor market demands competitive pay

By Mary MacDonald The minimum wage increased in Rhode Island this month to $10.50 an hour, the second bump in two years. For the estimated 20,000 to 30,000 Rhode Islanders working at a primary job that pays that mandatory floor, this meant an immediate raise. But for many businesses whose pay ranges exceed the minimum, the tight labor market has …

The Uprising! January 4, 2019

Welcome to The Uprising! By my count this is my 53rd straight weekly wrap up. Let’s do this thing!   3f. State Rankings are Bullshit In his speech to the House after securing his Speakership, Mattiello outlined his legislative priorities. “We need to reduce regulatory burdens that hamper our businesses. We need to support programs that ensure that Rhode Islanders …

Women of Color Face Barriers to Opportunity in RI, Says New Report

Rhode Island women of color are facing significant barriers to opportunity with wages, education and affordable housing, according to a new report from the Women’s Fund of Rhode Island. “While we often hear about the gender wage gap and its subsequent wealth gap for women, this report really puts a spotlight on how deep the inequities go for our sisters of …

Rhode Island Women of Color 2018

On January 2, the Institute co-released its latest infographic Rhode Island Women of Color 2018: A Snapshot with the Women’s Fund of Rhode Island. Rhode Island women of color experience significant barriers to opportunity with respect to wages, education, and affordable housing. DOWNLOAD THE INFOGRAPHICENGLISH / SPANISH

People on the Move in R.I.: Week of Dec. 30, 2018

Bank Newport BankNewport has hired two new vice presidents/business development officers and a vice president/branch sales manager. Steven Carneiro, of West Warwick will be responsible for business development, commercial loan production, cross-sales origination and cross-team collaboration in the Coventry, Cranston, East Greenwich, North Kingstown, Warwick and greater Kent County market. He comes to BankNewport from the People’s Credit Union, where he …

The Uprising, December 21, 2018

Happy Holidays and welcome the The Uprising! 2. Rhode Island Standard of Need The Economic Progress Institute (EPI) publishes its Rhode Island Standard of Need(RISN) report twice a year to answer two important questions: What is the cost of meeting basic needs for families and individuals in Rhode Island? How do state and federal work and income  supports help households meet the cost of …

TGIF: Ian Donnis’ Politics/Media Roundup For December 21

Welcome to my last TGIF column of 2018. I’ll be off most of next week – so no column next Friday — but I’ll be back at work New Year’s Day to bring you the Rhode Island inaugural and the opening of the 2019 General Assembly session. Thanks for following my reporting and best wishes for a happy holiday. As …