Rhody Reporter: Cares Money in the Wind
Mark Zaccaria scoffs at the RI Administration’s boast that it managed to distribute less than One Percent of the Federal Funds allocated for small business relief in the Ocean State last year. He points out that the tiny fraction was largely necessitated by the fact that almost One Billion Dollars worth of that federal stimulus money was diverted, instead, to the state’s operating budget. Zaccaria also notes that despite that usurpation of federal intent, Rhode Islanders will also be asked to authorize Four Hundred Million Dollars worth of Additional Deficit Spending – All so that the bureaucracy that brought businesses to their knees can be assured of every one of their paychecks. Huh?