In The News: FY 2015

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Baker budget fix features $514M in spending cuts

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Feb 4 2015

By Gintautas Dumcius and Michael Norton , State House News Service / Nashoba Publishing

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said Baker's plan is "probably the most reasonable way to go forward." Because the plan relies on one-time solutions, she said, a structural deficit looms in fiscal 2016, which starts in July. Baker's proposed fiscal year 2016 budget -- his first as governor -- is due by March 4. McAnneny said the structural deficit is "sizable," though the exact amount is unclear.
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Gov. Baker Eyes Capital Gains Tax Revenues To Fix Budget Gap

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Feb 2 2015

By Steve LeBlanc, AP / WBUR

Andrew Bagley, director of research and public affairs for the Massachusetts Taxpayers Foundation, said at the time that he believed only $122 million in capital gains taxes would be available for deficit reduction.
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Western Mass. Lawmakers Weigh In On State Budget Gap

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Jan 26 2015

By Jim Levulis, WAMC

After November’s election, Patrick’s administration said the state was facing was a $329 million budget gap. A month later, the Massachusetts Taxpayers Foundation estimated the budget gap was $750 million, a number strongly refuted by the Patrick administration.
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BAKER SAYS DEFICIT IS $765 MILLION

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Jan 26 2015

By Bob Katzen, The Lowell Sun

Gov. Charlie Baker said his aides have crunched the numbers and he projects a $765 million budget deficit for the current fiscal year that ends June 30. That is considerably more than the $329 former Gov. Deval Patrick predicted prior to leaving office. The Massachusetts Taxpayers Foundation's estimate is even higher. It recently predicted a $1 billion deficit. Baker has said he will not support any new taxes, tax hikes or local aid cuts to close the gap.
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Baker: Health care biggest driver of $765M budget gap

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Jan 26 2015

By Andy Metzger, State House News Service / The Lowell Sun

In December, Patrick's secretary of administration and finance, Glen Shor, disputed an analysis by the Massachusetts Taxpayers Foundation alleging a deficit significantly larger than the $329 million problem flagged by Patrick's team right after the November elections.

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Baker Says Massachusetts Faces Large Budget Gap

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Jan 22 2015

By Paul Tuthill, WAMC

After Baker’s election last November, the administration of former Gov. Deval Patrick revealed the state was facing a budget gap which was projected at $329 million. A month later, the Massachusetts Taxpayers Foundation estimated the budget gap at $750 million, which was strongly refuted by the Patrick administration.
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If economy is humming, why does Mass. show a deficit?

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Jan 22 2015

By Joshua Miller, The Boston Globe

“If we had really robust revenue growth on a great recovery, some of these problems disappear,” said Andrew C. Bagley, who directs research at the Taxpayers Foundation. “But we haven’t seen it.”
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Playing the hand he was dealt

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Jan 22 2015

The Lowell Sun

Baker's figure is in line with the Massachusetts Taxpayers Foundation, a nonpartisan research group, which has warned for months that Patrick's numbers significantly underestimated the severity of the situation.
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Obamacare costs could boost $765M budget deficit

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Jan 21 2015

By Matt Stout, The Boston Herald

“That’s the big unknown that they might not be able to get their hands on until mid- to late March,” said Andrew Bagley of the Massachusetts Taxpayers Foundation, adding that the state could “easily” have at least 100,000 more enrollees in Medicaid than it budgeted for when enrollment wraps Feb. 15. The impact, he said, could mean heavy cuts in health and human services, the state’s largest secretariat, as well as others in higher education and public safety.
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Baker cites $765 million budget shortfall

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Jan 20 2015

By Joshua Miller, The Boston Globe

Andrew C. Bagley, who directs research at the business-backed Massachusetts Taxpayers Foundation, said there is “no way” the administration will be able to find $765 million “in new revenues and fees. They’ll have to cut spending.” Given that a large chunk of the budget is taken up by items considered nondiscretionary costs, such as Medicaid, he expected hundreds of millions of dollars in cuts to be aimed at areas such as “higher education, human services, and public safety.”
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