Scott Mayerowitz of the Projo provides some specific numbers on the projected state budget deficits, for this year and next…
But state government is also spending more than was budgeted, particularly in the Department of Corrections and the Department of Children, Youth and Families. Additionally, a reduction in the state’s work force hasn’t been fully implemented.
State lawmakers face not only the $104.8-million deficit this year, but an expected $254-million deficit for the fiscal year that begins on July 1.
Remember, this is what Rhode Island is facing during a national economic boom. What’s going to happen to RI in the event of an economic downturn?