After four days of debate, the Senate finalized its $55.9 billion Fiscal Year (FY) 2024 budget; adding $82.2 million in new spending and 34 outside policy sections. The Senate took action on 1,049 amendments through a combination of standalone...

The Fiscal Year (FY) 2024 budget process reached another milestone today with the release of the Senate Committee on Ways and Means (SWM) budget proposal. The $55.9 billion SWM spending plan differs from earlier proposals as it was not released in...

The House finalized its $54.9 billion Fiscal Year (FY) 2024 budget this week after adding $129.7 million in spending over the course of three days of debate. The House took action on 1,566 amendments through a combination of 7 consolidated...

The next major step in the FY 2024 budget development process began today with the release of the House Committee on Ways and Mean’s (HWM) budget proposal. Coming just six weeks after Governor Healey filed her administration’s inaugural budget, the ...

The Healey-Driscoll administration has released its inaugural budget, 8 weeks after being sworn into office. The $54.8 billion spending plan builds in ongoing tax relief, while making major new investments in several critical areas, and continues to...

Governor Baker’s Budget – Five Things to Know Among the many elements in Governor Baker’s budget, several proposals and assumptions stand out as being particularly notable.  Each of these items will play a significant role in the budget...

Experts who testified suggested there may be room for both approaches. Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, suggested, similar to Baker, that lawmakers use some money now to ramp up existing programs and jumpstart the...

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, said the state needs to spend some relief funds to maintain its economic recovery but it should also squirrel away money for "unforeseen circumstances."