The analysis by the Massachusetts Taxpayers Foundation suggests that lawmakers may have to consider “tax increases or spending cuts” to balance the state’s $43 billion-plus budget. It would mark a stark reversal from recent years when officials’ primary money problem was jostling over ways to spend an unexpected windfall amid back-to-back years with a $1 billion surplus.
January 15, 2020
Budget
State faces $900 million budget gap, watchdog warns
The analysis by the Massachusetts Taxpayers Foundation suggests that lawmakers may have to consider “tax increases or spending cuts” to balance the state’s $43 billion-plus budget. It would mark a stark reversal from recent years when officials’ primary money problem was jostling over ways to spend an unexpected windfall amid back-to-back years with a $1 billion surplus.
