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Gov. McKee proposed state budget includes millionaire tax bracket, health insurance subsidies

On Jan. 15, Gov. Dan McKee unveiled his new state budget for fiscal year 2027. The proposed $15 billion budget would change clean power goals, introduce means to cut energy costs, raise taxes for the top bracket and give the governor line-item veto power.In a press release announcing the proposed budget, McKee said he is committed to supporting everyday Rhode Islanders amid national economic difficulties."I submit my budget proposal for those fa…
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Brown Daily Herald broke the news in on Thursday, January 29, 2026.
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