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A 2018 report by the Massachusetts Taxpayers Foundation estimated the cost of lost productivity in the state due to people unable to work, foregone income due to fatalities, absenteeism and "presenteeism," and excess health care costs at nearly $10...
News Item
Tuesday's derailment is the latest in a series of problems on the T, from an escalator malfunction this weekend to a collision in July to another derailment in March that caused all new Orange and Red line train cars to be pulled from service....
Publication
Immediate Opportunities for Fiscal Recovery Funds and the two-page MTF in Brief highlight existing programs that can use Fiscal Recovery Funds right away to help the state address four key priority areas:
• Pandemic recovery;
•...
Publication
Letter from Eileen McAnneny to State Senators Cindy Friedman and Ann-Margaret Ferrante, Chair and Vice Chair of the Joint Committee on Health Care Financing, in support of public health investment of ARPA funds.
...
News Item
A report from the business-backed Massachusetts Taxpayers Foundation found that the MBTA will be as much as $400 million short on its operating budget by mid-2023 and $13 billion short on its plans for maintenance and modernization over the next...
News Item
The MBTA is sliding deeper into a fiscal hole, according to new watchdog report, which calls on lawmakers to bail out the troubled transit agency.
The report by the Massachusetts Taxpayers Foundation says the T faces an “imminent fiscal cliff” and...
News Item
A Boston-based think-tank says the MBTA is in dire straits. “The MBTA’s finances are kind of in a calamitous state right now,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, which just came out with a report on the...
News Item
With ridership still far below pre-pandemic levels, the Massachusetts Bay Transportation Authority faces a calamitous revenue shortfall in years to come that would force fare hikes or service cuts and would make it impossible for the agency to enact...
News Item
The Massachusetts Taxpayers Foundation published a new report on Thursday describing the financial future of the state’s largest public transit agency as “unequivocal and unsettling.”
Despite the infusion of $2 billion in federal stimulus funds...
Publication
MTF issues its latest analysis of MBTA finances. Despite the recent infusion of federal funds and due in part to the unforeseen effects of the pandemic, the report documents the imminent financial cliff that will face the agency in 2023. The intent...