This bulletin assesses the impact that recent tax collections may have on the state’s ability to end the year in balance and highlights some possible implications for FY 2017.

This week, the House completed its debate of the FY 2017 budget. Over the course of three days, the House added $59.5 million in new budget spending and 91 new policy sections to the budget plan released from the House Ways and Means Committee (HWM)...

When measured against three key metrics of a fiscally responsible spending plan, the House Ways and Means (HWM) budget get good grades. Similar to the Governor’s budget in several key respects, the HWM budget spends $70 million less.

The House Committee on Ways and Means (HWM) is expected to release its budget on Wednesday, April 13th. This brief poses three important questions to consider when assessing how this proposal would impact the long-term fiscal health of Commonwealth....

MassHealth, the state’s Medicaid program, makes up 39 percent of spending in Governor Baker’s FY 2017 budget proposal – by far the single largest area of spending. This brief examines MassHealth spending in the Governor’s budget, strategies employed...

Last fall, the Massachusetts Taxpayers Foundation released a Stabilization Fund report that drew attention to the risks the state runs by failing to rebuild “rainy day” reserves during times of economic recovery. This companion brief explores how...

Today’s fare hike vote by the Fiscal and Management Control Board (FMCB) illustrates why creation of the Board was so critical to the T’s turnaround and why the Massachusetts Taxpayers Foundation supports the steps the FMCB has taken to date. Bold...

Today, Governor Baker released his FY 2017 budget recommendations. His House 2 proposal recommends $39.55 billion in line item spending, an increase of $1.22 billion (3.2%) over FY 2016 projected spending. Of this $1.22 billion increase, $739.3...