Wednesday, January 26, 2011

Preliminary Analysis: The Governor's Fiscal Year 2012 Budget

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Preliminary Analysis:
The Governor's Fiscal Year 2012 Budget

Wednesday, January 26, 2011

The Governor's budget proposal (House 1) for Fiscal Year 2012 recommends both significant reforms and deep cuts.  While the national economy is still struggling to recover from a recession worse than any since the depression of the 1930s, the assistance that the federal government had provided to reduce the severity of state budget cuts during this economic crisis is ending.  

As a result, the coming budget year will likely be even more challenging than the past three.

This Preliminary Analysis provides a quick overview of the Governor's budget proposal. The report, Preliminary Analysis: The Governor's Fiscal Year 2012 Budget, is available at or by clicking here.

A more complete analysis will be provided in our Budget Monitor, which will be released late next week.

MassBudget provides independent research and analysis of state budget and tax policies, as well as economic issues, with particular attention to the effects on low- and moderate-income people.

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