In The News: Budget

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Accord reached on state budget

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Jul 1 2011

By Michael Levenson, The Boston Globe

“This is a very constructive compromise which appears to strike a balance between the best of the House and Senate plans,’’ said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation, a business-backed budget watchdog group. “Municipalities will save tens of millions of dollars, critical services and jobs will be protected, and municipal employees and retirees will continue to receive generous health benefits.’’
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State will miss budget deadline, leaders say

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Jun 30 2011

By Michael Levenson, The Boston Globe

“It’s an inconvenience, nothing more,’’ said Andrew C. Bagley, director of research and public affairs at the Massachusetts Taxpayers Foundation. “I don’t think it will have any lasting effect.’’
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Massachusetts budget committee restores $65 million in aid to cities and towns

Jun 30 2011

By Kyle Cheney, The Republican / State House News Service

Michael Widmer, president of the Massachusetts Taxpayers Foundation, said the near-elimination of the structural deficit could help lawmakers begin to restore funds for programs that have taken deep cuts throughout the recession, or cover unanticipated costs in programs like Medicaid.
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Annual budget protests lessen

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Jun 26 2011

By Andrew Ryan, The Boston Globe

“Statewide cuts in local aid in [the next fiscal year] are significantly less than almost everyone expected,’’ said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation. “If the cuts had been deeper, I think the impact would have been greater in cities and towns.’’
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Editorial: Now save it

May 5 2011

Worcester Telegram

And Michael Widmer, president of the Massachusetts Taxpayers Foundation, noted that the state is required to place capital gains revenue in excess of $1 billion into reserves.
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April tax windfall creates new question: What to do with it?

May 3 2011

By Kyle Cheney, Littleton Independent / State House News Service

Michael Widmer, president of the Massachusetts Taxpayers Foundation, welcomed the news that “the market has come back.” He noted that the state implemented a policy this fiscal year requiring that capital gains revenue exceeding $1 billion for the fiscal year be automatically deposited into the rainy day fund.
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Analysts: Tough fiscal times clip enthusiasm for budget amendments

Apr 19 2011

By Kyle Cheney, The Boston Globe / State House News Service

“The main explanation is the fiscal crisis, the fact that there is no money to add to the bottom line,” said Michael Widmer, president of the Massachusetts Taxpayers Foundation, a business-backed fiscal organization. “2008 was the last of the glory years just before the collapse.”
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Mass. credit strategy gets nod

Mar 30 2011

By Noah Bierman, The Boston Globe

Andrew C. Bagley, director of research and public affairs for the Massachusetts Taxpayers Foundation, a business-backed group, said the latest credit reports amount to a validation that state government is not burying its head in the sand; it is dealing with the budget, and may well save $10 million to $15 million a year.
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House leaders to powwow privately

Mar 29 2011

By Dan Ring, The Republican

So far this year, the House is off to a slow start, typical for the beginning of a two-year legislative session, said Michael J. Widmer, president of the Massachusetts Taxpayers Foundation.
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'Fiscal flu' strain in town's economy

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Mar 4 2011

By Mary E. Arata, Nashoba Publishing

Bragan concluded with a forewarning: the most sickening wave hasn't yet hit. Quoting the missive from Massachusetts Taxpayer's Foundation President Michael Widmer, the lack of savings or funding by cities and towns for retiree health care will be the "brick that breaks cities and towns' backs."
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