AGP Executive Report
Last update: 6 hours agoState Budget Showdown: Rhode Island House Finance advanced a revised FY27 budget totaling $15.2B, keeping the millionaire’s tax but phasing in the top rate increase over three years and scrapping a two-cent gas tax enacted last year; the plan also sets up an Office of Inspector General with $1.3M and 12 staff, sending the package to the full House June 5. Governor’s Race: Incumbent Dan McKee and challenger Helena Foulkes both launched early TV ads in the Democratic primary fight, with McKee attacking Foulkes’ CVS record and opioid-related claims while Foulkes counters on her own record. Prediction Markets Clash: The CFTC moved to intervene in Rhode Island’s lawsuit fight over whether the state can enforce its gambling laws against federally regulated prediction markets, escalating a broader federal-vs-state authority battle. World Cup Late-Night Law: A new Rhode Island measure lets municipalities approve temporary extended bar and restaurant hours during World Cup matches—until 4 a.m. for service and liquor until 3 a.m.—with local licensing boards deciding. Health Care Access: CVS Caremark reversed course and will restore Zepbound coverage on its formulary starting Oct. 1, after earlier exclusions sparked backlash.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
