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Raimondo Proposes Office of Economic Empowerment

 
Raimondo Proposes Office of Economic Empowerment

NewsRadio 920 WHJJ and the Associated Press

WOONSOCKET, R.I. (AP) — Democratic gubernatorial hopeful Gina Raimondo has proposed creating a special office to "reimagine" the way state government addresses problems like poverty, homelessness and access to higher education.

The state treasurer said Thursday she would create an Office of Economic Empowerment if elected governor. It would work with Rhode Island government agencies, communities and nonprofits on social service programs, emphasizing efficiency and results.

Raimondo says many Rhode Islanders are living paycheck to paycheck and that no one should be left behind as the state works to improve its economy.

She says government needs to be "socially conscious, forward-thinking and fiscally responsible" and that the state should be a laboratory for innovation.

The new office would serve as a clearinghouse for innovation initiatives, like so-called social impact bonds.

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