Rhode Island


PROVIDENCE, R.I. - Rhode Island Democratic candidate for governor Frank Caprio on Friday criticized his independent rival Lincoln Chafee over Chafee's acknowledgment that his old Senate campaign committee of $18,400 in back taxes and fees due to a misunderstanding of tax regulations by his campaign treasurers.

PROVIDENCE, R.I. - Independent Rhode Island gubernatorial Lincoln Chafee's old Senate campaign committee failed to pay federal and state taxes for five years and owes an estimated $18,400 in taxes and penalties, a campaign aide told The Associated Press on Thursday.

BRISTOL, R.I. - Independent candidate for governor Lincoln Chafee defended his plan to impose a sales tax on groceries, medications and other exempt items during a debate Wednesday in which his Democratic rival pointed to his own cost-cutting record as proof that he's the best qualified to deal with Rhode Island's financial problems.

PROVIDENCE, R.I. - Federal Reserve Chairman Ben Bernanke said Monday that the economy could be helped by another round of asset purchases by the central bank.

PROVIDENCE, R.I. - The economy could be hurt if Congress and the White House fail to come up with a plan to curb the nation's huge budget deficits in the coming years, Federal Reserve Chairman Ben Bernanke warned Monday.
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