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PROVIDENCE, R.I. (AP) - Rhode Island will shut down its state government for 12 days and hopes to trim millions of dollars in funding for local governments under a plan Gov. Don Carcieri outlined Monday to balance a budget hammered by surging unemployment and plummeting tax revenue
Originally posted by shadow watcher
we were wealthy, but our state has taken a nose dive in the economy.
I have a hard time listening to those who say we are passed the worse of it.
Our state's unemployment numbers are not accurate, the number is much higher. I believe we are being lied to in the hopes that confidence will be restored, but I feel that this will not work.
About 70,000 state employees would see their salaries reduced under a furlough proposal from Gov. Martin O'Malley to save $75 million in the middle of the latest budget crisis.
The plan includes a shutdown of routine state government operations for five days around holidays, including the Friday before the coming Labor Day weekend.
The highest paid employees - those earning more than $100,000 a year - would lose two weeks' pay. Lowest-paid workers would be docked for three days. Salaries would return to current levels next year.