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Aug 19, 2021
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Aug 19, 2021
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Massachusetts Taxpayers Foundations President Eileen McAnneny said employers would love to see their full UI debt from the pandemic canceled, but surmised that "might not be realistic given competing needs. "This obviously doesn't address the whole problem but it's more than a good faith effort to…
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Aug 03, 2021
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Aug 03, 2021
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In late June, the Massachusetts Taxpayers Foundation published a seven-page analysis that projected the state could wind up with a discretionary surplus from fiscal 2021 of between $1.13 billion and $1.48 billion after accounting for an automatic deposit of up to $1.56 billion in reserves from…
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Aug 02, 2021
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Aug 02, 2021
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The attached bulletin lays out the fiscal principles that should govern how approximately $5 billion in Fiscal Recovery Funds are allocated. The ARPA provides an unprecedented level of temporary support for Massachusetts and MTF will continue to provide policymakers and the larger public with…
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Jul 22, 2021
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Jul 22, 2021
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Still no answer for Massachusetts businesses forced to shoulder $7 billion in pandemic unemployment costs
Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, is urging lawmakers to consider doing the same. “Right now the burden of replenishing the fund falls solely on businesses when the cost really should be born more broadly,” she said during a Tuesday hearing before the Legislature…
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Jul 20, 2021
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Jul 20, 2021
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Experts who testified suggested there may be room for both approaches. Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, suggested, similar to Baker, that lawmakers use some money now to ramp up existing programs and jumpstart the economy, while considering longer-term…
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Jul 20, 2021
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Jul 20, 2021
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Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state needs to spend some relief funds to maintain its economic recovery but it should also squirrel away money for "unforeseen circumstances."
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Jul 20, 2021
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Jul 20, 2021
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Economic experts back Massachusetts Legislature’s slow approach to spending federal coronavirus relief dollars
"We have until 2026 to actually spend it and we should take the time necessary to develop a forward-looking, comprehensive plan that considers other resources available and how best to leverage them for the maximum impact,” Eileen McAnneny of the Massachusetts Taxpayers Foundation said.
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Jul 20, 2021
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Jul 20, 2021
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Please find attached the PowerPoint deck I presented yesterday at the invitation-only hearing hosted by the joint Ways and Means Committee and the House Committee of Federal Stimulus and Census Oversight. As a recognized expert on the American Rescue Plan funds, MTF offered some initial thoughts on…
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Jul 20, 2021
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Jul 20, 2021
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On July 16th, Governor Baker signed the FY 2022 budget while making modest changes to the Legislature’s final spending plan. The Governor struck $7.85 million of the $48.1 billion budget, vetoed two sections and returned 25 sections with amendment. This bulletin summarizes the Governor’s veto…
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Jul 14, 2021
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Jul 14, 2021
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th, MTF held a forum effective use of American Rescue Plan funds which included a presentation from Sheanna Gomes, Senior Associate for the State Fiscal Health project at the Pew Charitable Trusts. Her presentation highlights important considerations as states look to use federal Fiscal Recovery…
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