October 08, 2020
BUDGET & TAXES > Budget > FY 2021

State's economic outlook remains uncertain

Christian Wade ,

The Daily News

Eileen McAnneny, president of the Massachusetts Taxpayers Foundation, predicted a $3.9 billion drop in state tax revenues, which would increase without federal relief. "Even if there is a fiscal aid package, the proposed funding may be insufficient, especially if it's not properly targeted to sustain the economy," she said.