Public Finance

There should be no doubt that late budgets cause problems, though not the problems cited by Moody’s. For example, Moody’s worried that local governments would not receive monthly payments. The Commonwealth’s interim budget legislation is brief (less than 250 words), but it authorizes local aid payments explicitly.

BOSTON (CBS) – Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, joined WBZ-TV political analyst Jon Keller this week on Keller @ Large to discuss the state of tax issues in the state.

Casino revenue is “not a panacea,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, a fiscal watchdog group. “Nor will it solve the Commonwealth’s long-term fiscal challenges by any stretch,” though it could help fund new or supplement existing services.