In The News: Budget

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Economy big concern for Democrats

Jun 3 2012

By Clarence Fanto, The Berkshire Eagle

Nevertheless, Massachusetts unemployment declined from just under 6 percent at the beginning of Romney’s term to 4.7 percent when he left, and his backers claim he narrowed a $2 billion budget gap without raising taxes. But we all remember how he raised a wide variety of fees as well as closing business-tax loopholes in order to boost revenue by $750 million, according to the Massachusetts Taxpayers Foundation.

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COMMUNITY COLUMNIST: Health care system works

Jun 2 2012

By Ned Lord, Green Valley News & Sun

Mitt Romney signed the Massachusetts “RomneyCare” health care law into effect five years ago. The law is not exactly the same as ObamaCare but it does have many similarities. The fiscally conservative, nonpartisan, Massachusetts Taxpayers Foundation agrees with the Romney plan and called it “a well thought-out piece of legislation.”

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What Mitt Romney did and didn’t do for the state

Jun 1 2012

By Scott Lehigh, The Boston Globe

According to the Massachusetts Taxpayers Foundation, he raised around $750 million in new revenue for his first budget, half through a long list of fee increases, half through what he called corporate-loophole closings — but which someone more committed to linguistic precision would label business tax hikes. “By and large they were changes in tax policy,” says Michael Widmer, president of the Massachusetts Taxpayers Foundation. “One can argue the merits, but they were overall tax increases.”

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Was Mitt Romney a Good Governor?

May 31 2012

By Molly Ball, The Atlantic

As Michael Widmer, president of the Massachusetts Taxpayers Foundation, told Politifact, "Jobs grew, but they grew at an anemic rate compared to the rest of the country."

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President Obama’s camp targeting Mitt Romney’s Mass. record

May 31 2012

By Matt Viser, The Boston Globe

Some in the business community also complained that Romney never fulfilled a promise to be the state’s chief cheerleader, instead using the Bay State as a punch line as he began laying the groundwork for his 2008 presidential campaign. “He campaigned in 2002 that he was going to be the ambassador for Massachusetts, that as a CEO at the highest levels of the private sector he could open doors and bring business to Massachusetts,’’ said Michael Widmer, president of the Massachusetts Taxpayers Foundation.

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Obama Campaign Mounts New Assault on Romney’s Record as Massachusetts Governor

May 30 2012

By Jake Tapper, ABC News

But as Factcheck.org notes, the “Massachusetts Department of Administration and Finance says that fee increases during Romney’s tenure added up to $260 million per year, with another $174 million raised from closing some corporate tax ‘loopholes.’ The independent Massachusetts Taxpayers Foundation puts the revenue total of fee hikes and tax loophole-closings at between $740 and $750 million a year.”

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Our View: Health reform can have impact on municipal budgets

May 30 2012

SouthCoast Today

The law creates a much narrower window for health insurance negotiations, with the threat of a binding arbitrator's decision on the other side of the deadline. The Massachusetts Taxpayers Foundation last week said that the savings are "vastly surpassing expectations."

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Health Cost Issue Divides Former Allies in Mass.

May 29 2012

By Chelsea Conaboy, The Boston Globe

Associated Industries of Massachusetts, a business trade group, has called for tighter controls on spending than the House or Senate has proposed. Its regular allies - including the Massachusetts Taxpayers Foundation, a research organization for employers - warn against over-regulation.

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Managing the risks of healthcare reform

May 25 2012

By Matt Siegel, Health Management Technology

Six years after the state’s landmark legislation was passed, the Commonwealth has achieved more than 98 percent insurance coverage of its residents, and the Connector Authority, which runs the exchange, recently announced a second consecutive reduction in risk-adjusted payment rates to participating health plans. Furthermore, according to a recent report by the Massachusetts Taxpayers Foundation, “additional state spending attributable to the health reform law accounted for only 1.4 percent of the Commonwealth’s $32 billion budget in fiscal 2011.”

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Obama campaign targets Romney's record as governor

May 25 2012

By Jeff Mason and Laura MacInnis, Reuters

Romney often says he balanced the state’s budget without raising taxes, but does not mention that he raised about $750 million in revenue each year by closing tax loopholes and raising fees, according to the nonpartisan Massachusetts Taxpayers Foundation.

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