Fiscal Year 2026 Budget & 2025 General Assembly Session in Review

Rhode Island’s Fiscal Year 2026 Budget – authorizing $14.3 billion in total expenditures, including $5.8 billion in state General Revenue – along with other legislation enacted during the 2025 General Assembly session, made substantial investments in Rhode Island and Rhode Islanders. At the same time, some of these investments fell short of the need and some proposals were left on the table altogether. Our review of the 2025 session highlights progress and shortcomings in light of the Economic Progress Institute’s legislative agenda and issues relevant to low- and modest-income Rhode Islanders.