PROVIDENCE, R.I. -- Politicians and business leaders have formed a coalition that they say will propose solutions and alternatives to Governor Chafee's budget and policy priorities.

I.D.E.A. Rhode Island, or Individuals Demanding Economic Accountability, formed shortly after the 2010 election that brought Chafee into office, according to the group's website. State Rep. Michael Chippendale, R-Foster, was among the founding members handing out a petition at Friday's Tea Party rally at the State House against Chafee's budget.

The group promises to not simply offer opposition to the existing administration, but to craft policy rooted in "responsible fiscal policy, economic feasibility, business growth and promotion, and solid self-supporting budgets."

It includes John Hazen White Jr, President and CEO of TACO plastics; Harry Staley, Rhode Island Statewide Coalition; Margaret Kane, Operation Clean Government; Gary Sasse, economist and director of the Bryant Institute for Public Leadership; and Bill Felkner, executive director of Ocean State Policy Research Institute.

The groups also include a number of current and former state politicians, including former Rep. Nicholas Gorham, former Attorney General James O'Neil, Republican Rep. Larry Ehrhardt, and Democratic Rep. Jon Brien.

"The group of individuals that have come together to form this organization did so because the executive branch of the new administration has enacted policies and regulations in addition to a budget proposal that we feel will completely cripple the Rhode Island economy and its tax base," a statement on the group's recently website reads. "The proposals by Governor Chafee's administration will place such an onerous burden on the backs of small businesses and low to moderate income taxpayers that it will certainly cause businesses and taxpayers alike to consider whether or not they will continue to stay in our state."