As budget writers prepare for the Fiscal Year (FY) 2027 budget development process, they continue to closely monitor FY 2026 revenue collections and the myriad factors—stemming from both state and federal action—that impact the stability of the state...

On July 4th, President Trump signed the One Big Beautiful Bill Act (OBBBA) into law. The massive tax and spending bill has been scored by the Congressional Budget Office to increase the nation’s debt by $3.9 trillion over the next ten years, and...

The federal government spends more than $6 trillion each year through its annual budget. The federal budget process shares some similarities with the state, but it also differs in many ways.This resource provides a basic outline of that process and...

The purpose of this chartbook, and MTF’s follow-up research, is to contextualize the potential impacts of federal action on Massachusetts. In this introduction, we provide a rubric for how to think about those federal impacts, including the...

Chairman Michlewitz, Chairman Rodrigues, members of the House and Senate Committees on Ways and Means,Thank you for the opportunity to testify today on House Bill 55, An Act making appropriations for the fiscal year 2025 to provide for supplementing...

On January 22nd, the Healey-Driscoll administration filed its budget proposal for Fiscal Year (FY) 2026. The $62.07 billion spending plan increases spending over the FY 2025 General Appropriations Act (GAA) by $4.3 billion (7.4 percent) and over the...

On December 30th, Conference reports were released on two major pieces of health care legislation, engrossed earlier in the session:Senate bill 3012, An Act Relative to Pharmaceutical Access, Costs and TransparencyHouse bill 5159, An Act Enhancing...

In May of 2024, Steward Health Care announced that it had filed for bankruptcy protection; beginning a process through which the for-profit health system looked to restructure its debt and sell or close assets, including seven Massachusetts hospitals...

As we begin a new year and look towards a new Legislative Session, I am pleased to share the Massachusetts Taxpayers Foundation’s 2024 Annual Report. This brief report does not capture all that we accomplished over the last year, but we hope it...

In spite of unanimous passage by both the House and the Senate, in the final days of the legislative session a compromise economic development bill failed to reach the Governor’s desk. While the two versions of the bill differ significantly on policy...