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- 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.
- May 2008State Faces Large Deficits in Both Fiscal 2008 and 2009: Threatens Rapid Depletion of State’s ReservesThe state is facing a $500 million deficit in fiscal 2008 and the recently passed House budget for fiscal 2009 is at least $1 billion out of balance, creating a situation in which more than half of the state's reserves could be depleted in the next year without even accounting for a recession.
- December 2007Tax revenues will grow somewhat better than expected in fiscal 2008 but increase only marginally in 2009, according to a forecast released today by the Massachusetts Taxpayers Foundation.
- June 2007"How long will the luck hold?
For the past three fiscal years the Legislature has passed budgets which depended on reserves to achieve balance. In each case tax revenues came in better than forecast, largely because of capital gains, eliminating the need to actually deplete the reserves.
- April 2007Governor Patrick's fiscal 2008 state budget includes a proposed spending increase of 3.8 percent. Tables 1 and 2 summarize his recommendations by category and track spending from 2001 to 2008. After adjusting for inflation, proposed 2008 spending is less than 2001 for almost all categories except for Medicaid and employee benefits.
- April 2007"The House Ways and Means fiscal 2008 budget, which will be debated by the full House beginning April 23, has a bottom line that is very similar to the Governor's budget proposal but rejects most of his specific initiatives.