In The News: Budget

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Massachusetts has weathered fiscal storm better than most, but more pain ahead

Dec 30 2009

By Nancy Reardon, Taunton Gazette / GateHouse News Service

Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation, has been a vocal critic of choosing what he calls short-term fixes over long-term plans. "You take advantage of the opportunity in a fiscal crisis to make changes that will help over the long term," he said.
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Tough times loom ahead

Dec 28 2009

By Derek Gentile, The Berkshire Eagle

Although the Massachusetts Taxpayers Foundation, a non-profit, independent financial assessment organization, projects a slight uptick in state revenues in the upcoming fiscal year, state Rep. William "Smitty" Pignatelli said Sunday that rising energy and infrastructure costs within the state will negate any gains.
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State revenue projected to improve

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Dec 17 2009

By John J. Monahan, The Worcester Telegram

Michael J. Widmer, executive director of the Massachusetts Taxpayers Association, a Boston-based business group, said that starting in January employers will see an increase of 30 to 40 percent in their unemployment insurance taxes, which are already among the highest rates in the country.
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Revenue growth, spending cuts eyed for FY11

Dec 17 2009

By Jim O’Sullivan and Gintautas Dumcius, Arlington Advocate / State House News Service

Widmer said the state could face further fiscal 2010 gaps of up to $500 million, even after a round of October budget remedies, largely cuts, totaling $484 million, along with a structural deficit next year that even with anticipated tax collection gains could hit $3 billion.
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State tax revenue on the rebound, officials now say

Dec 17 2009

By Matt Viser, The Boston Globe

"I do feel that we have reached, or are close to reaching, the bottom,'' said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation. "It's been a long slide, to say the least.''
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2011 state deficit pegged at $3 billion

Dec 17 2009

By Nancy Reardon, The Enterprise

"We're facing a very difficult fiscal 2011 that will probably require cuts to the magnitude of 2010," said Michael Widmer, president of the business-backed Massachusetts Taxpayers Foundation.
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Mass. Taxpayers Foundation sees 3.7 percent revenue growth in FY11

Dec 16 2009

Arlington Advocate / State House News Service

State tax collections will remain flat this fiscal year but grow at a 3.7 percent clip in fiscal 2011, according to Massachusetts Taxpayers Foundation estimates. "We see the beginning of an economic recovery but it will be slow and employment growth in fiscal 2011 will be minimal," foundation president Michael Widmer told the News Service Tuesday afternoon.
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Mass. Taxpayers Association director Michael Widmer criticizes Patrick administration for hiring 1,300 new workers during budget

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Dec 15 2009

The Republican / AP

Michael J. Widmer, executive director of the Massachusetts Taxpayers Association, told the Boston Herald there needs to be better scrutiny of new state hires during a financial crisis.
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Editorial: Budget woes mounting

Dec 15 2009

The Boston Herald

But the Massachusetts Taxpayers Foundation estimates that the combination of executive branch and legislative action actually only solved about $450 million of the shortfall - which is broader than anyone wants to admit. And no one seems to want to take the even more difficult steps to close it.
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Critics slam Deval Patrick over hiring spree

Dec 15 2009

By Joe Dwinell and Hillary Chabot, The Boston Herald

"In the middle of this fiscal meltdown there should be a close scrutiny of new hires, and that doesn't seem to be reflected here," said Michael Widmer, executive director of the business-based Massachusetts Taxpayers Association.
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