- May 2009
Despite a public perception that the state's landmark health care reform law has turned out to be unaffordable, a new analysis by the Massachusetts Taxpayers Foundation finds that the cost to taxpayers of achieving near universal coverage has been relatively modest and well within initial projections of how much the state would have to spend to implement reform, in part because many of the newly insured have enrolled in employer-sponsored plans at no public expense.
The Foundation report concludes that state spending on the reform has increased by $350 million between fiscal 2006, the last year before reform, and fiscal 2010 - an average annual increase of only $88 million.
- April 2009
Following each state election, the Massachusetts Taxpayers Foundation publishes the Massachusetts Legislative Directory, an invaluable guide to the State House. This booklet is designed to help you, the citizen, understand the legislative process and communicate with your elected officials.
- March 30 2009The Massachusetts Taxpayers Foundation unveiled a blueprint for the MBTA to save more than $1 billion in spending on health benefits over the next 20 years. The report, MTF Recommendations: Saving $1 Billion in Unaffordable Health Care Costs at the MBTA, makes six recommendations to bring MBTA health benefits into line with those provided state employees and which could be implemented by July 1, 2009.
- March 3 2009In collaboration with four other groups, the Foundation has put forward a comprehensive transportation reform and finance plan to address the long backlog of transportation investments critical to the Massachusetts economy. The plan encompasses the recommendations of the Transportation Finance Commission, on which the Foundation served, including changes to the MBTA's benefit structure that could save between $1 and $2 billion over the next 20 years. The proposed 25 cent increase in the gas tax would enable the Commonwealth to address the rapidly deteriorating roads and bridges in each section of the state, putting the regional transit authorities and the Western Turnpike, as well as the MBTA, on stronger financial footing, and provide some toll relief to those using the Metro Highway System.
- 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.
- December 10 2008The cities and towns of Massachusetts are facing a relentless fiscal squeeze in which year after year costs are growing faster than revenues for almost all communities.