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Section 16. Borrowing power of general assembly. -- The general assembly shall have no powers, without the express consent of the people, to incur state debts to an amount exceeding fifty thousand dollars, except in time of war, or in case of insurrection or invasion; nor shall it in any case, without such consent, pledge the faith of the state for the payment of the obligations of others. This section shall not be construed to refer to any money that may be deposited with the state by the government of the United States.

Senator Sheehan; You and all the rest of your ilk are pontificating gas-bags. I guess you missed class that day regarding the above from Article VI, section 16 of the RI Constitution. How and why quasi public agencies have been allowed to go out, float bonds, and obligate taxpayers for payment while the general assembly stands by in silence, allowing this to happen is beyond stupifying. Instead of running for re-election, all of you should be running for a criminal defense attorney. You should all be put on trial for high crimes and misdemeanors for obligating taxpayers of this State for tens of millions of dollars in payments. In my court, and the court of public opinion of many fed up constituents, you would be tried, convicted and hung. A bit Draconian perhaps, but it would send an undeniable message...Ignore the Constitution and rule of law at your expense. We've had enough of you blowhards.