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Displaying 181-190 of 647
Dec 21, 2021
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Dec 21, 2021
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The Massachusetts Taxpayers Foundation offered a mixed outlook, with President Eileen McAnneny forecasting that revenue growth will “remain robust” this fiscal year before flipping to a “completely different story” next year when the situation will revert “back to a period of stalled growth. ”…
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Dec 21, 2021
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Dec 21, 2021
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Massachusetts experienced a startling $4.5 billion surge in tax revenues in FY 2021 representing 15 percent growth in the midst of the pandemic. MTF projects that FY 2022 revenue growth will remain strong, reaching $37.2 billion or $2.9 billion above the current benchmark. What makes this even more…
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Dec 20, 2021
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Dec 20, 2021
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The news, announced Friday afternoon, comes after the Massachusetts Taxpayers Foundation reported that, based on spending rates in September, the Commonwealth Cares for Children (C3) grants, which were launched over the summer, would be spent down by the end of February 2022.
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Dec 17, 2021
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Dec 17, 2021
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“The net difference between where we thought we were going to be and where we are is literally billions of dollars,” said Doug Howgate, executive vice president of the Massachusetts Taxpayers Foundation. Howgate said early in the pandemic, policymakers were looking back at the 2008 recession…
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Dec 16, 2021
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Dec 16, 2021
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Massachusetts Taxpayers Foundation executive vice president Doug Howgate said the number of earmarks in this item is not normal, but also not unheard of, especially in an arts, culture and tourism-related item. Earmarked items had been kept separately in the House and Senate version of the ARPA…
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Dec 13, 2021
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Dec 13, 2021
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The spending itself is mostly concentrated on health care ($964 million), housing ($624 million), infrastructure ($414 million), education ($389 million) and economic development ($267 million), as well as on specific workforce issues ($500 million allotments for both premium pay awards and the…
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Dec 13, 2021
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Dec 13, 2021
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Baker signs $4 billion COVID relief bill, but wrests control of how, and when, to distribute worker bonuses
The bill the Legislature sent Baker was packed with earmarks — 843 in total, according to the Massachusetts Taxpayers Foundation, a business-backed budget watchdog. They funded everything from $500,000 for a rail trail in Lawrence to $300,000 for construction of a museum in Worcester to honor…
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Dec 09, 2021
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Dec 09, 2021
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The Massachusetts Taxpayers Foundation said the most notable difference between the House and Senate versions of the ARPA spending proposal was the proposed timeline and process for providing premium pay to essential workers. “Like the Senate version, the final language creates a Premium Pay…
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Dec 09, 2021
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Dec 09, 2021
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According to a Massachusetts Taxpayers Foundation analysis that highlights some of the bill's pressure points, the biggest buckets of money in the bill are for health care ($964 million), housing ($624 million), and $500 million allotments for both premium pay awards and the unemployment insurance…
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Dec 09, 2021
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Dec 09, 2021
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The Massachusetts Taxpayers Foundation said the ARPA bill contains 843 earmarks for local projects and organizations, totaling $304.4 million, or 7.6 percent of the bill’s total spending. By contrast, earmarks account for 60 percent of arts funding in the bill, significantly weakening the impact of…
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