October 08, 2020
PUBLIC FINANCE > Budget > FY 2021

Spending cuts, tax hikes on the table as coronavirus takes estimated $3-5 billion bite from revenues

Erin Tiernan ,

The Boston Herald

Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue shortfall will grow massively.”