DeLeo plans to prioritize transportation, budget, small business

in

May 21 2020

By Jon Chesto, The Boston Globe

Last week, the Massachusetts Taxpayers Foundation estimated that state tax revenues will fall by $6 billion, or nearly 20 percent, in the next fiscal year, from the revenue outlook that state leaders established in January. DeLeo conceded that the Legislature will likely tap into the state’s $3.5 billion rainy day fund, but he doesn’t want to draw down too much and put the state’s credit ratings at risk.
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