In The News

Baker slashes $54M from this year’s budget to help close gap

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Jan 9 2016

By Matt Stout, The Boston Herald

But the Massachusetts Taxpayers Foundation, a business-backed watchdog, warned that even with the total $104.9 million budget-tightening plan, challenges remain, thanks in part to signs that Baker’s early retirement plan hasn’t reaped all the savings he’d hoped for. MTF also called the cuts “unique,” given tax revenues are actually exceeding expectations by $113 million. But roughly $205 million in the budget gap is tied to shortfalls in non-tax revenue, said Secretary of Administration and Finance Kristen Lepore, while another chunk comes from expenses such as private attorney costs, human service caseload “exposures” and settlement money.

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Gov. Charlie Baker cuts $50 million from state budget mid-year

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Jan 9 2016

By Shira Schoenberg, MassLive

Mid-year budget cuts are common, as projections of revenue and spending are tracked and revised throughout the year. According to the Massachusetts Taxpayers Foundation, which tracks government spending, there have been seven instances of mid-year budget cuts since fiscal year 2002. But, according to the foundation, this is the first time budget cuts have been made when tax revenues are actually coming in above projections. That indicates that the problem is attributable to non-tax revenues and higher than anticipated spending and not, for example, to an economic downturn leading to low tax payments.

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Baker slashes $50M in spending

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Jan 8 2016

By Matt Murphy, CommonWealth Magazine / State House News Service

The Massachusetts Taxpayers Foundation noted the cuts announced Friday were the first emergency budget cuts since 2001 triggered by downgrade in non-tax revenues as tax revenues were actually being upgraded.
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Editorial: Baker is right on need for fiscal discipline

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Jan 7 2016

The Lawrence Eagle Tribune

This year's budget picture looks equally stark, Wade reports. The fiscal watchdog Massachusetts Taxpayers Foundation is projecting a $1 billion shortfall due to increased health care costs and the state's reliance on one-time revenue, such as federal money.
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Baker expects battles over budget, energy in Massachusetts

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Jan 6 2016

By Christian Wade, Kokomo Tribune

This year's budget picture looks equally stark. The fiscal watchdog Massachusetts Taxpayers Foundation is projecting a $1 billion shortfall due to increased healthcare costs and the state’s reliance on one-time revenue, such as federal money.
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Riders Rankled by MBTA Overtime

Jan 6 2016

By Peter Howe, NECN

Fiscal watchdogs like Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, call that effort critical, especially with a fare increase looming. “It's going to take a while to fix but they really have to, before they go to riders and ask for more money and increase fares, I think it's clearly critical that they make sure that they take care of some of those issues and certainly overtime is one of them,’’ McAnneny said in an interview Tuesday afternoon.

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Gov. Baker expects battles over budget, energy

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Jan 6 2016

By Christian Wade, The Lawrence Eagle Tribune

This year's budget picture looks equally stark. The fiscal watchdog Massachusetts Taxpayers Foundation is projecting a $1 billion shortfall due to increased healthcare costs and the state’s reliance on one-time revenue.

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Gov. Baker Enjoys High Approval Rating Despite Challenges In First Year

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Dec 31 2015

By Jim Levulis, WAMC Public Radio

Dukakis, a Democrat, made those comments to WAMC during an event in North Adams in December. In response, the MassGOP called Dukakis’s claim faulty, pointing to the budget deficits left by Governor Patrick. A report from the Massachusetts Taxpayers Foundation in December warned of a budget gap of roughly $1 billion.
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‘Really hard choices’ ahead as state faces $1 billion budget shortfall

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Dec 23 2015

By Eric Levenson, The Boston Globe

Although the state could see tax revenue increases of about $1 billion, The Massachusetts Taxpayers Foundation says increasing health care costs and the reliance on one-time funds could mean that the state faces a significant shortfall come budget time.
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Mass. Budget Watchdog Warns Of Possible $1B Shortfall

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Dec 23 2015

WBUR

A fiscal watchdog group in Massachusetts is warning of a budget gap of up to $1 billion in the next fiscal year. Foundation President Eileen McAnneny told WBUR’s Newscast Unit that while the state has faced similar gaps before, its options — particularly in tapping into such one-time resources — are now limited.
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