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McKee proposes $14B state budget that closes deficit with spending cuts, tax changes

Summary by WPRI 12
PROVIDENCE, R.I. (WPRI) -- Gov. Dan McKee on Thursday unveiled a $14.2 billion budget bill that seeks to close the state's first deficit in years through a mix of spending cuts, new taxes and fees, and accounting changes. The biggest source of new revenue McKee wants is a 10% tax on digital advertising that would be paid by large tech companies. He also wants to increase charges on buyers of cigarettes and electric vehicles, and to levy the 5% h…
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