April 10, 2019
PUBLIC FINANCE > Budget

On budget planning, be cautious

Eileen McAnneny ,

CommonWealth Magazine

THE MASSACHUSETTS LEGISLATURE’S House Ways and Means Committee will unveil on Wednesday its budget proposal for state fiscal year 2020, which begins on July 1. Their budget document will describe proposals to allocate more than $46 billion in spending for such things as health care benefits for nearly 2 million Massachusetts residents, the opioid epidemic, snow removal from highways next winter, and a vast array of other programs and projects throughout the state. Before deliberations begin, I offer three reasons to err on the side of caution when it comes to spending.