In The News: Budget

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OUR OPINION: What were they thinking?

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Nov 22 2014

Wicked Local

Worse, the Massachusetts Taxpayers Foundation says the budget gap could rise still more – $500 to 600 million more – by July. Local aid to cities and town would take a devastating $25.5 hit which would likely require cuts to police and fire, snow removal, and administrative resources.

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Patrick, facing shortfall, proposes $329m in cuts

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Nov 20 2014

By Bruce Mohl, CommonWealth

The Massachusetts Taxpayers Foundation is also predicting the deficit for the current fiscal year could run into the $500 to $600 million range. Shor said the Patrick administration had not consulted with Gov.-elect Charlie Baker on the cuts and had no immediate fallback position in case the Legislature balked at some of the proposals.
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Deval Patrick proposes cuts to local aid as part of $329 million in Massachusetts budget reductions

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Nov 20 2014

By Shira Schoenberg, Masslive

The Massachusetts Taxpayers Foundation, a think tank that deals with fiscal issues, estimates that the budget gap is even larger – $500 million to $600 million. Andrew Bagley, director of research and public affairs for the foundation, said that estimate is based on factors like the rate of corporate tax settlements and costs for health and retirement benefits for employees and retirees.
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Governor orders cuts to close budget shortfall

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Nov 20 2014

By Bob Salsberg, AP / South Coast Today

Andrew Bagley, director of research and public affairs for the Massachusetts Taxpayers Foundation, an independent budget watchdog, said he was surprised by the proposed local aid reduction. "I think the (local aid) cuts are something that are going to impact the cities and towns, and they are obviously not going to be happy halfway through the fiscal year trying to figure out how to manage that," Bagley said.
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Deval Patrick plans to slash $66M from aid to cities, towns

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Nov 20 2014

By Matt Stout, The Boston Herald

Andrew Bagley of the Massachusetts Taxpayers Foundation noted lawmakers have “never historically decided to go for” cuts to local aid.
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Governor proposes $329 million in midyear state budget cuts

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Nov 20 2014

By David Scharfenberg, The Boston Globe

But the problem could be larger than the Patrick administration’s estimates. Andrew Bagley, director of research and public affairs at the Massachusetts Taxpayers Foundation, which tracks state finances, said the true budget gap could be $500 million to $600 million.
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Patrick proposes $25.5M local aid cut

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Nov 20 2014

By Matt Murphy, State House News Service / The Lowell Sun

Andrew Bagley, research director at the Massachusetts Taxpayers Foundation, said the foundation continues to believe that the budget gap could be wider than projected by the Patrick administration, citing Group Insurance Commission, state retirement fund and one-time tax settlement exposures that could push the shortfall closer to $500 million or $600 million before next July.
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Widmer: Patrick budget fix plan might not be enough

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Nov 7 2014

By Matt Murphy, State House News Service / Nashoba Publishing

Massachusetts Taxpayers Foundation President Michael Widmer said he wasn't surprised by the shortfall. "Our calculation is that it's at least $500 million, so I think this is clearly a positive step to try to achieve a balance budget and it's important to do it earlier rather than later and leave it to an incoming governor from a calendar standpoint," he said.
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Lawmakers wait to hear Gov. Patrick’s plan to fill the budget gap

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Nov 7 2014

By David McKay, WWLP

Just two days after elections, the Patrick Administration held a briefing to discuss the shortfall in the state’s 36.5 billion dollar budget. However, the Massachusetts Taxpayers Foundation is worried cutting $325 million may not be enough.
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Baker returns to cities where he campaigned hard, but lost

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Nov 7 2014

By Janet Wu, WCVB

But he said he's looking into reports of a $325 million deficit when he takes office. "I think one of the things we want to do as part of our transition process is get a sense for what the hole really looks like," said Baker, who once served as Administration and Finance secretary. Baker said he wonders if it is closer to $500 million which has been cited by the Massachusetts Taxpayers Foundation.
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