In The News

With clock ticking, Mass. legislators’ to-do list is long

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Jun 16 2016

By Jim O'Sullivan, The Boston Globe

“The give-and-take that normally characterizes the end of the session will be on steroids,” said Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation and a two-decade veteran of Beacon Hill.
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MBTA’s $7.3 billion estimate to upgrade the system is likely even higher

Jun 16 2016

By Nicole Dungca, The Boston Globe

Eileen McAnneny, president of the foundation, said the research shows that there are many impediments stopping the T from upgrading its equipment, including not having enough capable staff or an accurate estimate of how much it needs to spend. “Even if we had more money today, we wouldn’t be able to spend it all because they don’t have the processes in place or the human capital to make sure we can deliver the projects on budget and on time,” she said.
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Massachusetts hit by $300M year-end budget shortfall

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Jun 15 2016

By Shira Schoenberg, MassLive

Eileen McAnneny, president of the fiscally conservative Massachusetts Taxpayers Foundation, said the Legislature should revise its spending down for fiscal 2017. "Whether they solve the whole amount now, I'm not sure, because things are fluid and subject to change, but they should absolutely be taking it into account and solve for a portion of it," McAnneny said.
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Budget crisis deepens

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Jun 15 2016

By Matt Murphy and Michael Norton , State House News Service / Sentinel & Enterprise

Massachusetts Taxpayers Foundation President Eileen McAnneny said it was "too soon to say definitively" whether the revenue slowdown is minor hiccup or a sign of broader economic trouble. The administration pointed the finger at a "volatile stock market" and lower investment returns that start to turn downward in February. The taxpayers foundation predicted in testimony before a panel of the Legislature and administration that revenues would grow 3.8 percent. While budget leaders may have been "optimistic" in settling on a benchmark of 4.3 percent growth, McAnneny said, "None of us predicted this slowdown in revenue over the last four months."
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State faces possible $750 million budget gap

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Jun 14 2016

By Joshua Miller, The Boston Globe

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, said the most prudent first step for lawmakers is to “substantially” tighten proposed spending.
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Debt, need underscore MTF’s call for state capital spending reforms

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Jun 13 2016

By Colin Young, State House News Service / WWLP

“While lawmakers have taken steps to manage the size of our debt and its associated costs, more must be done because the state has limited flexibility to increase borrowing from current levels without exceeding its statutory debt limit,” Massachusetts Taxpayers Foundation President Eileen McAnneny said in a statement.
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T warehouses called management failure

Jun 13 2016

By Bruce Mohl, CommonWealth Magazine

A handful of officials and groups spoke in favor of privatization efforts. Eileen McAnneny, who heads the Massachusetts Taxpayers Foundation, distributed a letter supporting privatization efforts from the group Fix Our T, which is made up largely of business groups. The letter was also signed by 15 mayors, including the mayors of Salem, Haverhill, Waltham, and Lawrence.
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Budget panel convenes, With 20 days to agree on nearly $40 bil budget

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Jun 10 2016

By Katie Lannan, State House News Service / Daily News

The final Senate budget clocked in at $39.558 billion, while the House's is $39.539 billion, according to the Massachusetts Taxpayers Foundation.
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Tax haul woes spur summit, as questions swirl around state budgets

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Jun 6 2016

By Matt Murphy, State House News Service / WWLP

“I think that the revenue numbers were optimistic, so one possibility is certainly to try to revisit that, but I don’t know that they can rewrite the budget wholesale,” said McAnneny, whose organization estimated a lower 3.8 percent rate of growth as lawmakers and the administration were developing a consensus projections for fiscal 2017. The taxpayers’ foundation has not yet revised that estimate.
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Mass. faces $311 million shortfall

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Jun 3 2016

By Joshua Miller, The Boston Globe

Eileen McAnneny, president of the business-backed Massachusetts Taxpayers Foundation, emphasized there isn’t an easy fix. “Obviously, the fact that we have days left to the fiscal year and they are $311 million short means that addressing it is a Herculean task,” she said. “They have very few options at this point. Most of the state’s money has been spent.”
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