Displaying 11–20 of 23
Dec 03, 2021
PUBLIC FINANCE > Budget > FY 2022
The Legislature took final votes Friday on a $4 billion American Rescue Plan Act spending package (H 4629) that grew beyond the governor's original $2.8 billion proposal he filed in June. Baker had originally separated federal relief funding and...
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
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 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
Oct 28, 2021
PUBLIC FINANCE > Budget > FY 2022
Baker split his proposal to use $2.9 billion of state government’s ARPA funds and its surplus tax revenue into separate bills. In an analysis published Monday afternoon, the Massachusetts Taxpayers Foundation said the House Ways and Means Committee’s...
PUBLIC FINANCE > Budget > FY 2022
Oct 26, 2021
PUBLIC FINANCE > Budget > FY 2022
Baker split his proposal to use $2.9 billion of state government’s ARPA funds and its surplus tax revenue into separate bills. In an analysis published Monday afternoon, the Massachusetts Taxpayers Foundation said the House Ways and Means Committee’s...
PUBLIC FINANCE > Budget > FY 2022