Thursday, March 10, 2011

Facts At A Glance: Impact of Proposed Federal Budget Cuts on Massachusetts' Residents





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Facts At A Glance:
Impact of Proposed Federal Budget Cuts on Massachusetts' Residents 


March 9, 2011

Proposed legislation (H.R. 1) that funds the federal government through the final six months of Fiscal Year 2011 cuts funding for non-security discretionary programs by $66 billion, or an average of 14.3 percent.

Economists warn that these reductions in federal spending, including grants to states, could increase unemployment and weaken the national economy in the short-term. They will also significantly decrease funding for programs that invest in our state's long-term economic health and in the well-being of our residents. 

Facts At A Glance: Impact of Proposed Federal Budget Cuts on Massachusetts' Residents provides a brief description of how some of these cuts could affect Massachusetts residents.   

The fact sheet is available at www.massbudget.org or by clicking here.


See MassBudget's Budget Browser to explore Massachusetts state budgets from Fiscal Year 2001 to the present, as well as budget proposals for the next fiscal year as they are offered by the Governor and the Legislature.    

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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