In The News

Editorial: MBTA’s pension fund has operated in the dark for too long

Mar 12 2015

The Boston Globe

That was one of the immediate recommendations in a grim new report on the T by the Massachusetts Taxpayers Foundation, which reinforces years of previous warnings about the T’s parlous state. One of the most disturbing themes of the report is that, while many of the T’s problems are clear enough to anyone who spent hours waiting for a train this winter, what the public doesn’t know might be even more troubling. Not only does the pension board not release details, but the T doesn’t even have a complete list of its unmet maintenance needs.
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Massachusetts Taxpayers Foundation identifies dire fiscal problems at MBTA

Mar 12 2015

By Shira Schoenberg, MassLive

A dire report released Wednesday by the Massachusetts Taxpayers Foundation digs into the financial straits at the MBTA and finds an agency where expenses far exceed revenues and where enormous debt is burdening the organization. "The physical breakdowns are the manifestation of a system plagued by a cornucopia of problems: a stark mismatch between spending and revenues, old equipment, an inoperative asset management system, little public accountability, and even less transparency," the report writes.
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Boston-area transit board OKs snow compensation for commuters

Mar 12 2015

By Bob Salsberg, AP / The Berkshire Eagle

The independent Massachusetts Taxpayers Foundation, in a report released Wednesday, said the MBTA's financial and managerial problems were so overwhelming that no relatively simple fix would help. The business-backed group urged lawmakers to hold off on providing more money to the agency until a comprehensive plan was in place to address a widening gap between operating expenses and revenues.
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Boston City Councilors File Resolution in Support of Late-Night T

Mar 12 2015

By Samuel E. Liu, The Harvard Crimson

On Wednesday, a report by the watchdog group Massachusetts Taxpayers Foundation concluded in part that the MBTA should halt expansion projects for 2015. The report painted a bleak picture for the MBTA, arguing that the state should conduct an independent audit of the T. One reason for the system’s problem, according to the report, is "a stark mismatch between spending and revenues."
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Editorial: T flunks ‘stress’ test

Mar 12 2015

The Boston Herald

Ahead of the special task force assigned to report back on problems plaguing the MBTA, the respected Massachusetts Taxpayers Foundation issued its own report yesterday aptly titled “The T: The End of the Line.” What more do you need to know?
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MTF report: Give Baker control over 'broken' MBTA

Mar 12 2015

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

"We know the T is broken, but we don't know just how broken," said MTF President Eileen McAnneny in a statement. "We also know that past reform efforts have not brought stability. Despite understandable public frustration, we should resist seemingly simple fixes until we have a far clearer and more accurate assessment of what needs to be fixed, which the T itself is unable to provide at this time."
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Report says MBTA financial system ‘off the rails’

Mar 11 2015

By David Scharfenberg, The Boston Globe

“What we’re suggesting is that the problems facing the T are so pervasive that it’s not the case that marginal reforms or biting around the edges will work,” said Eileen McAnneny, president of the Massachusetts Taxpayers Foundation. “It will require a fundamental change to how the T operates.”
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MBTA considers free fare week, refunds after brutal winter commutes

Mar 11 2015

WCVB

Meanwhile, in a 55-page report, the Massachusetts Taxpayers Foundation is urging the state to stall funding for MBTA expansion projects, commission an independent audit of its finances and allow for more privatization of services. The watchdog group said the state should halt investment into the system until it gets a clear picture of the agency's problems.
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Massachusetts Taxpayers Foundation offers recommendations for improving MBTA

Mar 11 2015

By Eric Convey, Boston Business Journal

The MBTA needs to put the brakes on expansion and overhaul some of its financial operations, the business-backed Massachusetts Taxpayers Foundation said in a report released today.
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Good riddance to the Mass. film tax credit

Mar 8 2015

By Joan Vennochi, The Boston Globe

It’s good politics, but also good policy. In that quest, Baker has the blessing of Michael J. Widmer, the outgoing president of the Massachusetts Taxpayers Foundation, who during his farewell gala speech took time to declare, “By the way, Charlie, I strongly agree with that proposal.”
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