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- December 31 2008
The attached budget summary shows fiscal 2009 spending after the Governor's first round of "9C' cuts of $708 million and a savings of $100 million by extending from 2023 to 2025 the funding of the state's unfunded pension liabilities. With these reductions, fiscal 2009 spending increased by 1.6 percent over 2008.
- December 15 2008The global economic recession will lead to a large decline in state tax revenues in fiscal 2009 and 2010, according to a forecast released today by the Massachusetts Taxpayers Foundation.
- October 20 2008
This report was prepared by: Global Insight, Inc.
Associated Industries of Massachusetts
Greater Boston Chamber of Commerce
Massachusetts Business Roundtable
Massachusetts Taxpayers Foundation
- October 15 2008In order to try to minimize the enormous consequences of Question 1, the proponents argue incorrectly that total state spending is $47 billion when, as the Foundation has shown, the correct number is approximately $31.8 billion.
- September 21 2008An upcoming analysis by the Massachusetts Taxpayers Foundation shows that if one were to preserve the 2008 level of spending for Medicaid, health reform, state aid to municipalities, and debt service, then one would have to eliminate every other program of state government - from prisons, courts, and State Police to funding for higher education and the elaborate network of services for the elderly
- July 23 2008On behalf of a broad group of business organizations and health plans committed to ensuring access to quality and affordable health care in the Commonwealth, we are writing to express our strong opposition to the provisions imposing new assessments and taxes to fund the state's Health Care Reform Law.
- July 21 2008
MTF Letter to State Senate
The Commonwealth is going on this debt binge at the very moment that the floor may drop out of our finances. We are not risking a credit downgrade, we are virtually inviting it.
Bailing out the Turnpike with no accompanying reforms, no transparency, and no comprehensive plan to address its underlying problems will be remembered for years as the other bookend to the Big Dig fiasco.
- July 10 2008Warning of a fiscal meltdown, the Massachusetts Taxpayers Foundation called on Governor Patrick and legislative leaders to cut several hundred million dollars from the fiscal 2009 budget which the Legislature approved and sent to the Governor last week.
- June 18 2008The House-Senate conference committee deliberating the fiscal 2009 state budget is facing a potential billion-dollar shortfall which threatens to deplete almost half of the Commonwealth's reserves, leaving the state in a precarious position should an economic downturn hit.