Displaying 1–10 of 413
Nov 23, 2020
PUBLIC FINANCE > Budget > FY 2021
Quickly following the House’s actions, the Senate passed its budget late Wednesday, November 17. The Senate was able to expeditiously conclude its budget debate in two days, in part by adopting four bundled amendments that added $35 million in...
PUBLIC FINANCE > Budget > FY 2021
Nov 13, 2020
PUBLIC FINANCE > Budget > FY 2021
This week the House debated and passed its budget, four and a half months after the beginning of the fiscal year. With four consolidated amendments adding $24.53 million to spending, the budget, totaling $46.06 billion, is approximately $285 million...
PUBLIC FINANCE > Budget > FY 2021
Nov 10, 2020
PUBLIC FINANCE > Taxes > Sales Tax
As Massachusetts lawmakers look for ways to close a $3.6 billion tax revenue gap in the FY21 operating budget, there is a simple idea that could help the state receive sales tax payments more quickly and provide about $267 million of additional...
PUBLIC FINANCE > Taxes > Sales Tax
Oct 28, 2020
Oct 14, 2020
PUBLIC FINANCE > Budget > FY 2021
Following months of economic uncertainty and temporary budgets to keep the state operating, Administration and Finance (ANF) provided the Legislature with its revenue and spending proposals for their review and consideration.  Notably, the...
PUBLIC FINANCE > Budget > FY 2021
Oct 13, 2020
PUBLIC FINANCE > Budget > FY 2021
I. Business Cost Increases 2. Pandemic Related Impacts 3. Economic Outlook 4. Past Recessions playbook 5. Principles to guide discussion 6. Scenario Planning
PUBLIC FINANCE > Budget > FY 2021
Oct 07, 2020
PUBLIC FINANCE > Budget > FY 2021
Secretary Heffernan, Chairman Rodrigues, Chairman Michlewitz, members of the Ways and Means Committee and members of the general public, good morning. I am Eileen McAnneny, President of the Massachusetts Taxpayers Foundation and I appreciate the...
PUBLIC FINANCE > Budget > FY 2021