The Senate Ways and Means budget fares well when compared with the three fiscal criteria set out by the Foundation to analyze the FY 2017 budget. Sharing the fiscal approach adopted by the House and the Governor, this spending plan proposes restrained spending growth and no new revenue initiatives…

The Foundation offers a preview of issues to watch in the Senate Ways and Means FY 2017 budget.

This bulletin assesses the impact that recent tax collections may have on the state’s ability to end the year in balance and highlights some possible implications for FY 2017.

This week, the House completed its debate of the FY 2017 budget. Over the course of three days, the House added $59.5 million in new budget spending and 91 new policy sections to the budget plan released from the House Ways and Means Committee (HWM) earlier in the Month.

When measured against three key metrics of a fiscally responsible spending plan, the House Ways and Means (HWM) budget get good grades. Similar to the Governor’s budget in several key respects, the HWM budget spends $70 million less.

The House Committee on Ways and Means (HWM) is expected to release its budget on Wednesday, April 13th. This brief poses three important questions to consider when assessing how this proposal would impact the long-term fiscal health of Commonwealth. This brief also identifies several of the…

MassHealth, the state’s Medicaid program, makes up 39 percent of spending in Governor Baker’s FY 2017 budget proposal – by far the single largest area of spending. This brief examines MassHealth spending in the Governor’s budget, strategies employed to control cost and other notable elements of his…

Last fall, the Massachusetts Taxpayers Foundation released a Stabilization Fund report that drew attention to the risks the state runs by failing to rebuild “rainy day” reserves during times of economic recovery. This companion brief explores how reliance on capital gains tax revenues in the…

Today, Governor Baker released his FY 2017 budget recommendations. His House 2 proposal recommends $39.55 billion in line item spending, an increase of $1.22 billion (3.2%) over FY 2016 projected spending. Of this $1.22 billion increase, $739.3 million goes to support increases in MassHealth.