McKee to release his budget proposal for FY2026
(WJAR) — Governor Dan McKee is set to release his budget proposal for FY2026 on Thursday. Observers are waiting to see if it will include tax increases. This is the first year since the pandemic without federal relief funds. The latest estimates put the state's budget deficit between $300 million and $330 million.
McKee to release FY2026 budget proposal, aims to resolve $300 million deficit
PROVIDENCE, R.I. (WLNE) — Rhode Island Governor Dan McKee will release his fiscal year 2026 budget plan Thursday. The state public expenditure released a report on January 10 saying the state budget deficit is now approximately $300 million.
NEW: McKee Proposes Tax Increases and Larger Budget
Rhode Island Governor Dan McKee has unveiled his Fiscal Year 2026 budget with a spending level of $14.2 billion, and it is layered with tax increases, more spending, and, in some departments, major increases in staffing costs.
14 things to know about McKee’s proposed $14.2B FY 2026 budget
You wouldn’t know the state is eyeing a nine-digit deficit for the fiscal year that starts July 1 judging by the size of Gov. Dan McKee’s spending plan. The proposed $14.2 billion fiscal 2026 budget unveiled by McKee’s office Thursday marks the largest state spending plan in history — $252.
McKee proposes $14B state budget that closes deficit with spending cuts, tax changes
McKee wants a 10% tax on digital advertising, a $5-a-pack tax on cigarettes and new fees on electric vehicles, among other revenue ideas.
Gov. Dan McKee reveals proposed FY2026 budget
The $14.2 billion budget avoids any broad-based tax increases. A confident Freudian slip on Fox News was the nail in the coffin for the ABC host The post Jimmy Kimmel Says Confirmation Hearings Have ‘Finally Found the Dumbest Person in the Senate’ | Video appeared first on TheWrap.
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