Displaying 1–10 of 205
Nov 25, 2021
PUBLIC FINANCE > Budget > FY 2022
“You can be for more transportation revenue, which we are, and not support this tax increase,” said Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, which in September warned the MBTA is staring down “fiscal...
PUBLIC FINANCE > Budget > FY 2022
Nov 19, 2021
PUBLIC FINANCE > Budget > FY 2022
According to an analysis by the Massachusetts Taxpayers Foundation, the House bill contains 411 such earmarks, totaling $154.4 million; the Senate version has 415 earmarks, totaling $122.9 million. They include such items as $5 million for the...
PUBLIC FINANCE > Budget > FY 2022
Nov 18, 2021
PUBLIC FINANCE > Budget > FY 2022
While the bodies agreed on some of the biggest provisions – spending $500 million on premium pay for essential workers and $500 million to reimburse the unemployment insurance trust fund – there were significant differences. According to the...
PUBLIC FINANCE > Budget > FY 2022
Nov 17, 2021
TRANSPORTATION
A report released in September by the Massachusetts Taxpayers Foundation concluded the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and resulting lost fare revenue. It found the MBTA might face a budget...
TRANSPORTATION
Nov 17, 2021
PUBLIC FINANCE > Budget > FY 2022
The Senate last Wednesday added 430 amendments earmarking funds, primarily for local COVID response and recovery projects, and 19 new policy sections, according to a Massachusetts Taxpayers Foundation analysis. The foundation described the...
PUBLIC FINANCE > Budget > FY 2022
Nov 12, 2021
TRANSPORTATION
According to Boston.com, a report released in September by the Massachusetts Taxpayers Foundation suggested the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and lost fare revenue. According to the report,...
TRANSPORTATION
Nov 04, 2021
PUBLIC FINANCE > Budget > FY 2022
The spending would be paid for with a combination of $2.5 billion in ARPA funds and up to $1.45 billion of surplus tax revenue. Spending proposed in the bill falls short of these caps by $282 million — cash a Massachusetts Taxpayers Foundation report...
PUBLIC FINANCE > Budget > FY 2022
Nov 03, 2021
PUBLIC FINANCE > Budget > FY 2022
The minutiae of the proposals will also need reconciliation. The House, for example, added $173 million to its original $3.65 billion, the bulk of which — $154 million — was intended to backstop hundreds of proposed earmarks. The largest, according...
PUBLIC FINANCE > Budget > FY 2022
Oct 30, 2021
PUBLIC FINANCE > Budget > FY 2022
During some six weeks of public hearings, legislators received requests totaling about $30 billion, according to Representative Dan Hunt, who chaired some of those hearings. In the 24 hours House members were given to file amendments to the House...
PUBLIC FINANCE > Budget > FY 2022
Oct 29, 2021
PUBLIC FINANCE > Budget > FY 2022
State representatives then proposed 1,128 amendments seeking another $5.8 billion, according to the Massachusetts Taxpayers Foundation. ...
PUBLIC FINANCE > Budget > FY 2022