A report released in September by the Massachusetts Taxpayers Foundation concluded the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and resulting lost fare revenue. It found the MBTA might face a budget...

The Senate last Wednesday added 430 amendments earmarking funds, primarily for local COVID response and recovery projects, and 19 new policy sections, according to a Massachusetts Taxpayers Foundation analysis. The foundation described the...

Last week, the Senate passed a $3.8 billion recovery plan that uses a combination of Fiscal Recovery Funds (FRF) and fiscal year 2021 (FY) surplus revenues. In one day of debate, the Senate adopted 388 amendments which added $154.4 million in...

According to Boston.com, a report released in September by the Massachusetts Taxpayers Foundation suggested the MBTA faces a growing future budget shortfall, due to the sluggish recovery in ridership and lost fare revenue. According to the report,...

Please join us for our first virtual policy call of the New Year! Doug Howgate will provide a timely and comprehensive presentation on Governor Baker’s Fiscal Year 2023 budget proposal and answer any questions you may have with respect to it. &nbsp...

The minutiae of the proposals will also need reconciliation. The House, for example, added $173 million to its original $3.65 billion, the bulk of which — $154 million — was intended to backstop hundreds of proposed earmarks. The largest, according...

The spending would be paid for with a combination of $2.5 billion in ARPA funds and up to $1.45 billion of surplus tax revenue. Spending proposed in the bill falls short of these caps by $282 million — cash a Massachusetts Taxpayers Foundation report...

The ongoing legislative process for ARPA legislation continued today with the release of a $3.7 billion spending plan from the Senate Committee on Ways and Means (SWM).  As with the House plan finalized last week, the SWM proposal mixes federal...

Chakrabarti and Stacy were brought together by the Massachusetts Taxpayers Foundation for a discussion about an equitable economic recovery as part of the think tank’s forum series focused on ARPA. MTF in May published a report titled Closing the...

A Massachusetts Taxpayers Foundation report published in September cautioned that the MBTA could face “fiscal calamity” in several years if the agency does not substantially overhaul its finances or if lawmakers do not decide to steer more dollars...