Viewing a single comment thread. View all comments

evillegaleagle t1_ixkd0m7 wrote

State money should be spent for the betterment of its citizens rather than hoarded....

14

wespellettieri t1_ixksihq wrote

You do realize that state money isn't just sitting in box on a shelf doing nothing. The state's money earns interest at the 90-day Treasury Bill rate, the interest rate determined each Monday at an auction of U.S. government securities held in Washington. That interest, currently 4.21%, is added to RI general fund. That almost $27million.

1

Keelija9000 t1_ixls46i wrote

So save it and let people sleep under bridges?

11

LateToSapphos t1_ixn3ayk wrote

That is the American way (if by saving it you mean lining government officials pockets)

3