In The News: Budget

View more in Budget

Local, state officials discuss expected cuts

Oct 23 2009

By Melanie Graham, Milford Daily News

The fiscal 2010 budget shortfall has the potential to rise to $1 billion if significant changes are not made, according to the Massachusetts Taxpayers Foundation.
Full article
Forward to a friend

State Taxpayers see revenues below state expectations

Oct 22 2009

South Coast Today

State tax revenues for fiscal 2010 will total $18.279 billion, $600 million less than the $18.879 billion consensus forecast on which the 2010 state budget is based, according to Massachusetts Taxpayers Foundation's latest forecast which was presented to the chairs of the Senate and House Ways and Means Committees on October 8.
Full article
Forward to a friend

Cahill asserts Patrick failed budget test

Oct 22 2009

By Andrea Estes and John R. Ellement, The Boston Globe

Michael Widmer, president of the Massachusetts Taxpayer Foundation, a nonprofit business-funded watchdog group, agreed that there is a risk that revenues for the rest of the year will not meet the governor's current projections. But, he said, it is unfair for Cahill to say that the administration should have known months ago how severe the fiscal crisis would get.
Full article
Forward to a friend

Editorial: Time to consider salary cuts for state employees

in

Oct 12 2009

Sentinel & Enterprise

Michael Widmer, president of the Massachusetts Taxpayers Foundation, offered the dismal outlook for the rest of the year, suggesting the budget might be about $600 million out of balance.
Full article
Forward to a friend

Budget shortfall in Mass. mirrors R.I.’s

in

Oct 9 2009

By Ted Nesi , Providence Business News

Michael Widmer, president of the Massachusetts Taxpayers Foundation, testified on Beacon Hill that the state is likely to face a combined shortfall of $900 million because of falling revenue and rising Medicaid costs, Reuters reported.
Full article
Forward to a friend

Massachusetts tax forecast too optimistic: watchdog

Oct 9 2009

Reuters / New York Times

Massachusetts' tax forecasts are overly optimistic, and the state should trim its revenue estimates by at least $600 million, a fiscal watchdog said on Thursday. Michael Widmer, president of the nonpartisan Massachusetts Taxpayers Foundation, who testified at a legislative hearing, also warned of another $200 million to $300 million shortfall in Medicaid.
Full article
Forward to a friend

Revenue forecast: gloomy, difficult

Oct 9 2009

By John J. Monahan, The Worcester Telegram

Outside of that Medicaid funding problem, Mr. Widmer said, his group estimates the state will see revenues from income, sales and capital gains taxes come in $600 million less than estimated for the budget signed in July. He said the recession will trim estimated income tax, sales tax and corporate excise tax revenues more than expected earlier this year.
Full article
Forward to a friend

Mass. lawmakers hold hearing to determine budget cuts

Oct 8 2009

By Peter Howe, NECN

Michael J. Widmer of the Massachusetts Taxpayers Foundation, a business-backed budget monitoring group, said, "Bottom line, we are projecting a decrease from that forecast of about $600 million dollars.''
Full article
Forward to a friend

Three Months Into Fiscal Year, Budget Already $1B Off

Oct 8 2009

By Abigail Beshkin, WBUR.org

Michael Widmer, of the Massachusetts Taxpayers' Foundation, said state revenue officials had over-estimated revenue collections by about $600 million for FY2010. In addition, he said the state faces a Medicaid shortfall of between $200 and $300 million.
Full article
Forward to a friend

WIDMER ON REALITY OF TAXES

Oct 4 2009

By Tony Lee, The Metro

"Within all of a $30 million budget not every dollar is well spent, but the larger reality is this disconnect between taxes and the need for taxes to fund programs [residents] believe in," said Michael Widmer, president of the Massachusetts Taxpayers Foundation.
Full article
Forward to a friend
See our site policy on external link content.