Behind closed doors, Legislative leaders hammer out state budget

in

Jun 5 2017

By Colin Young, State House News Service / The Lowell Sun

The Massachusetts Taxpayers Foundation says a "substantial downgrade to (FY18) revenue is likely, and if it occurs, will require major spending reductions" in the final budget. "The similarities between the two budgets in terms of approach to spending and revenue usually make it easier to resolve fiscal issues quickly, but once again Conferees will be faced with the task of reevaluating basic tax revenue assumptions," MTF wrote in its analysis.
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