The Senate begins its budget process today, with the release of the Senate Ways and Means proposal. The SWM budget follows a similar script to the House, foregoing a tax relief proposal put forward by Governor Baker and including hundreds of millions in new investments. Like earlier proposals, the SWM budget makes a historic new investment in K-12 education and includes an $880 million hospital assessment and reinvestment proposal. The SWM budget stands out from other budgets for investments in child care, scholarships, and support for low-income communities.
May 10, 2022
FY 2023
Senate Ways and Means FY 2023 Budget
The Senate begins its budget process today, with the release of the Senate Ways and Means proposal. The SWM budget follows a similar script to the House, foregoing a tax relief proposal put forward by Governor Baker and including hundreds of millions in new investments. Like earlier proposals, the SWM budget makes a historic new investment in K-12 education and includes an $880 million hospital assessment and reinvestment proposal. The SWM budget stands out from other budgets for investments in child care, scholarships, and support for low-income communities.