Thursday, April 15, 2021

"lawmakers are taking a “cautiously optimistic approach” to Massachusetts’s fiscal picture"

"HAPPY DAYS are here again. That may not be the case for most Massachusetts residents, still in the grip of the COVID pandemic, but it appears to be the case for state budget writers – at least for now.

The House Ways and Means Committee budget proposal released Wednesday would spend $47.649 billion in fiscal 2022 – or $1.8 billion more than what Gov. Charlie Baker proposed, and a 2.6 percent increase over this year’s budget.

The House budget includes no new revenue initiatives and no significant spending cuts – and doesn’t rely on the enormous influx of federal dollars that are expected to flow into Massachusetts from the American Rescue Plan, which President Biden signed in March. "

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House Ways and Means Committee budget
House Ways and Means Committee budget

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