Friday, May 17, 2013

MassBudget's analysis of the Senate Ways & Means proposal

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 Massachusetts Budget and Policy Center    Democracy.
Senate Ways & Means Budget for FY14
Yesterday, the Senate Ways & Means Committee unveiled its budget proposal for FY 2014, detailing how it would support vital state programs from Education and Health Care to Human Services, Public Safety, and beyond. Our new Budget Monitor describes the funding proposals, and also the mix of tax and non-tax revenue.

As was true for the House, the Senate Ways & Means proposal relies on some new money to help fix and improve our Transportation system. Beyond that, though, the investments specified in the proposal are fairly narrow--largely because they are constrained by the limited amount of available revenue. The Governor's budget had included a larger revenue package, which made possible a range of investments in education (pre-K through college) that would support the long-term needs of our economy.

Among the issues we discuss in our Budget Monitor:

  • A modest increase in K-12 Education funding--slightly more than the House, but still below pre-recession levels

  • Less money for Higher Education than either the Governor or the House

  • New rental vouchers for low-income families

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.

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