Editorial: Time to tighten the budget is now


Jul 15 2008

Boston Herald

The Massachusetts Taxpayers Foundation has estimated that the $28 billion-plus budget that the Legislature hammered out is at least $1 billion out of balance.

It is based in part on the assumption that the commonwealth will collect a huge payday from the federal government - up to $600 million - to finance health care for the poor. And it relies on upward of $500 million from rainy-day and reserve accounts.

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