In The News

A recap and analysis of the week in state government

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Dec 13 2018

Market Screener

"While the time and severity of the next economic downturn is unknowable, by historic markers, we are on borrowed time," Massachusetts Taxpayers Foundation President Eileen McAnneny told the House and Senate Ways and Means committees at this year's consensus revenue hearing. McAnneny was not alone in predicting an economic slowdown on the horizon as state budget-writers cautioned to keep spending spending in keep squirreling away cash in the rainy day fund.

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Employers push education to reduce ER visits

Dec 12 2018

By Katie Lannan, State House News Service / The Lowell Sun

"Not all that's broken in our health care system can be fixed legislatively," said Massachusetts Taxpayers Foundation President Eileen McAnneny, who co-chairs the coalition with Rick Lord, the president of Associated Industries of Massachusetts. "Sometimes, it requires private sector action and intervention, and I firmly believe -- and I know my dear friend Rick Lord, who is the president and CEO of AIM and the cofounder of the coalition -- I know he firmly believes too, that the best way to effectuate change in the health care marketplace, particularly for the commercially insured, is to help educate consumers and to better inform them on the consequences of their choices.
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Big question for lawmakers: When will downturn come?

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Dec 6 2018

By Katie Lannan, State House News Service / CommonWealth Magazine

Massachusetts Taxpayers Foundation President Eileen McAnneny, whose prepared testimony was titled “Are the Good Times Already Over?”, urged budget-writers to be cautious of “pre-recession warning signs” in labor markets, home sales, the auto industry, business investments and oil prices.
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Our view: Saving for a rainy day

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Dec 6 2018

Gloucester Daily Times

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said there are already “pre-recession warning signs” everywhere from labor markets to the oil industry. “By historic markers, we are on borrowed time,” she said.
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Massachusetts budget experts predict slow tax revenue growth in FY2020

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Dec 5 2018

By Shira Schoenberg, MassLive

The business-backed Massachusetts Taxpayers Foundation and the right-leaning Beacon Hill Institute both predicted slightly higher tax revenue growth of around 2.4 percent, representing total revenues in the range of $29.5 billion to $30.3 billion. Massachusetts has an aging workforce. The foundation also points to a number of "pre-recession warning signs," including slowdowns in the labor market, home sales and auto sales and declining oil prices.
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Groups urge performance-based funding for colleges

Dec 4 2018

By Christian Wade, Gloucester Daily News

The state ditched performance-based funding for community colleges several years ago, but a new report recommends taking another look at the system. The report released Tuesday by the Boston Foundation and Massachusetts Taxpayers Foundation says the approach showed signs of success during the three years it was used.
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Coming Up: Yet Another State Report On Transportation Needs

Dec 1 2018

By Bob Salsberg, AP / WBUR

An analysis last year by the Massachusetts Taxpayers Foundation showed capital spending on transportation doubled in the 10 years following that report, and the state spent $16 billion on roads and bridges. Still, infrastructure woes have persisted and in some cases mounted, in part due to the failure of the Boston-area transit system known as the T to curtail operating expenses, the group said.
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Report Adds Up Toll of Opioids

Nov 26 2018

By Chris Lovett, BNN News

Eileen McAnneny, President of the Massachusetts Taxpayers Foundation, talks about it report on the cost of the opioid crisis, in human, economic, and fiscal terms. Interview for BNN News.
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Narcan Made Available at Construction Sites Amid Opioid Crisis

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Nov 19 2018

By Caroline Connolly, NECN

Last week, a report from the Massachusetts Taxpayers Foundation found that businesses in the state have been losing billions annually due to absent or unproductive workers who are addicted to opioids. According to Botticelli, companies like Shawmut can help turn things around.
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'We Can't Afford to Not Take Action': Leaders Discuss Economic Impact of Opioid Crisis

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Nov 16 2018

By Caroline Connolly, NBC 10

According to a report from the Massachusetts Taxpayers Foundation, employers have lost likely more than $2.5 billion annually due to employees who skip work or underperform because of their addiction. In addition, treating those people through opioid programs and services across systems in Massachusetts is estimated to be at least $5.5 billion.
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