Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue shortfall will grow massively.”
October 08, 2020
FY 2021
Spending cuts, tax hikes on the table as coronavirus takes estimated $3-5 billion bite from revenues
Uncertainties with federal aid make it hard to pin down exactly how big the state’s budget hole is, Eileen McAnneny of the Massachusetts Taxpayers Foundation said. Should another federal relief package not materialize, McAnneny said “the revenue shortfall will grow massively.”