In The News: Budget

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State enjoys $2 billion surprise

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Jul 20 2011

By Bob Salsberg, South Coast Today / AP

The state should hold off, at least for now, on restoring spending cuts or reducing taxes, Widmer said, and should instead commit the bulk of the added revenue to rebuilding the state's reserve fund that has been tapped repeatedly in recent years.
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Tax Collections Up 10.6 Percent

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Jul 19 2011

WCVB TV

"It's not a true surplus," argued Michael Widmer, president of the nonpartisan Massachusetts Taxpayers Foundation. "What it means is that we are losing less money, if you will ... but it doesn't mean that we are somehow taking in more money than we are spending," he said.
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Massachusetts brings in $723 million more in taxes than projected

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Jul 19 2011

By Dan Ring, The Republican

Under a 2002 state law, the state’s 5.3 percent personal income tax will likely drop to 5.25 percent on Jan. 1, said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation.
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Massachusetts Gov. Deval Patrick signs $30.6 billion state budget

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Jul 11 2011

By Dan Ring, The Republican

Tax collections for fiscal 2011, scheduled to be reported this week, are expected to be $700 million more than projections, Widmer said. "It's a responsible budget," Widmer said. "It resists the temptation, with increased tax revenues, to add to the bottomline."
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Clothing For State Workers Costs Taxpayers $44M

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Jul 1 2011

WCVB TV

“That’s half of the annual salary of someone who has probably been laid off during this fiscal crisis,” said Michael Widmer, president of the Massachusetts Taxpayers Foundation.
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Accord reached on state budget

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Jul 1 2011

By Michael Levenson, The Boston Globe

“This is a very constructive compromise which appears to strike a balance between the best of the House and Senate plans,’’ said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog group. “Municipalities will save tens of millions of dollars, critical services and jobs will be protected, and municipal employees and retirees will continue to receive generous health benefits.’’
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State will miss budget deadline, leaders say

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Jun 30 2011

By Michael Levenson, The Boston Globe

“It’s an inconvenience, nothing more,’’ said Andrew C. Bagley, director of research and public affairs at the Massachusetts Taxpayers Foundation. “I don’t think it will have any lasting effect.’’
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Massachusetts budget committee restores $65 million in aid to cities and towns

Jun 30 2011

By Kyle Cheney, The Republican / State House News Service

Michael Widmer, president of the Massachusetts Taxpayers Foundation, said the near-elimination of the structural deficit could help lawmakers begin to restore funds for programs that have taken deep cuts throughout the recession, or cover unanticipated costs in programs like Medicaid.
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Annual budget protests lessen

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Jun 26 2011

By Andrew Ryan, The Boston Globe

“Statewide cuts in local aid in [the next fiscal year] are significantly less than almost everyone expected,’’ said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation. “If the cuts had been deeper, I think the impact would have been greater in cities and towns.’’
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Editorial: Now save it

May 5 2011

Worcester Telegram

And Michael Widmer, president of the Massachusetts Taxpayers Foundation, noted that the state is required to place capital gains revenue in excess of $1 billion into reserves.
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