Rhode Island Tip Sheet: When the Ocean State compares favorably with DC dysfunction
STATE OF THE STATE: Ah, the irony. Rhode Island last week passed a pension overhaul that’s getting national plaudits while the DC Supercommittee –to the surprise of very few – can’t make a deal to cut the deficit. A brave new world of the Ocean State facing the state’s problems head-on? That might be a bit much to expect. But the pension overhaul is proof positive that Rhode Island can tackle a big issue when the right stars align. If you missed it last week, Ted Nesi had a fine analysis of how we got here.
STATE OF THE NATION: Senator Jack Reed tells me he’s hopeful Congress can reach an agreement to cut the deficit before automatic spending reductions kick in in 2013: “Whatever method you use, a joint committee or regular legislative order, you have to do what you did in the ’90s — reduce the deficit and provide a platform for growth.” Reed says the automatic cuts would stress all aspects of the defense budget, although he says it’s hard to predict how that would impact Rhode Island . . . . Politico has both parties bracing for “super fallout.”
#RIPENCH: THE NEXT STEP: The Rhode Island State Investment Commission may vote Wednesday on an RFP for a firm to developed the defined contribution component of the new hybrid pension plan.
GREAT NORTH: Is Elizabeth Warren the natural heir of President Obama? Chris Cillizza ponders the question.
MEDIA: A Farleigh Dickinson study, as described by Poynter, finds “getting your information from Fox News is worse than not following news at all.”
RI MEDIA TWEETER OF THE DAY: Take a bow, Dan McGowan. He skillfully balances his dry sense of humor with a nose for news.
WHAT HAPPENED? A man arrested by Lincoln police is in a coma.
BUY NOTHING: The annual anti-consumerist celebration is set for Friday.
BIRTHDAY: Mike Ritz.