At the request of the House Speaker and House Ways and Means Chair, MTF President Michael Widmer made a presentation for the full House of Representatives on the state's large and growing deficits.

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...

The 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.

Driven by the global economic problems and the state's fiscal crisis, cities and towns are about to enter another period of cutbacks and serious retrenchment.Major cuts in state aid to local communities are virtually certain to take place in fiscal...

This report was prepared by: Global Insight, Inc.Sponsored by:Associated Industries of MassachusettsGreater Boston Chamber of CommerceMassachusetts Business RoundtableMassachusetts Taxpayers Foundation 

In 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.

An 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...

On 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...

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...