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Apr 29, 2024
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Apr 29, 2024
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The House finalized its $58.07 billion Fiscal Year (FY) 2025 budget last week after adding $95.8 million in spending over the course of three days of debate.The House took action on 1,495 amendments through a combination of 7 consolidated amendments...
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Apr 26, 2024
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Apr 26, 2024
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Two weeks ago, the House Ways and Means Committee released its budget proposal for Fiscal Year (FY) 2025. While the budget development process for the upcoming fiscal year will consume much of the attention in the coming weeks, the FY 2024 fiscal...
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Apr 18, 2024
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Apr 18, 2024
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5 Things to Know:1. House members filed 1,495 amendments, 71 fewer than in FY 2024 and 27 fewer than in FY 2023.2. The fiscal impact of all amendments is $2.02billion.*3. Over 70% (1,095) of the amendments are earmarks.4. Approximately 25%(400) of...
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Apr 10, 2024
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Apr 10, 2024
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Earlier today, the Fiscal Year (FY) 2025 budget development process officially moved to the Legislature with the release of the House Committee on Ways and Means (HWM) budget proposal. About two months after Governor Healey filed her administration’s...
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Mar 18, 2024
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Mar 18, 2024
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On January 24th, the Healey administration filed its budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan is supported by tax, departmental, and federal revenues, as well as the use of trust fund resources built up in recent...
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Mar 08, 2024
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Mar 08, 2024
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On January 24th, Governor Healey released her administration’s budget proposal for Fiscal Year (FY) 2025. The $58.13 billion spending plan included critical investments in childcare, healthcare, and transportation; as well as $20.3 billion in gross...
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Jan 26, 2022
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Jan 26, 2022
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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...
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Jul 20, 2021
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Jul 20, 2021
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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...
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Jul 20, 2021
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Jul 20, 2021
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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."
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Jul 20, 2021
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Jul 20, 2021
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"We have until 2026 to actually spend it and we should take the time necessary to develop a forward-looking, comprehensive plan that considers other resources available and how best to leverage them for the maximum impact,” Eileen McAnneny of the...
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