|MassBudget || ||Information. |
| ||Participation. |
| Massachusetts Budget and Policy Center || ||Democracy. |
On January 23rd, the Governor is expected to submit his budget proposal for Fiscal Year 2014, detailing how we fund our schools, maintain our roads and transit systems, keep our communities safe, manage health care spending, and fill our budget deficit.
Once again in FY 2014, Massachusetts will face a significant budget deficit. $1.2 billion is the conservative estimate we develop in our new "Budget Preview."
There are two basic reasons that Massachusetts continues to face persistent deficits.
The weak national economy, which has lowered state revenues even as it has increased the number of people relying on core safety net services
The income tax cuts of the late 1990s, which continue to cost the state over $2.5 billion per year
|The Massachusetts Budget and Policy Center (MassBudget) produces policy research, analysis, and data-driven recommendations focused on improving the lives of low- and middle-income children and adults, strengthening our state's economy, and enhancing the quality of life in Massachusetts. |
MASSACHUSETTS BUDGET AND POLICY CENTER
15 COURT SQUARE, SUITE 700
BOSTON, MA 02108
Post a Comment