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Tag: public finance

Lawmakers urged to ‘opt out’ of federal mandates

February 13, 2026February 14, 2026 · Boston, Massachusetts Local News

BOSTON — Unions, advocates for low-income workers and other groups urged state lawmakers on Thursday to permanently “opt out” of several new federal laws enacted as part of…

Read more Lawmakers urged to ‘opt out’ of federal mandates

Healey urges lawmakers to approve budget

February 11, 2026February 11, 2026 · Boston, Massachusetts Local News

BOSTON — Gov. Maura Healey called on lawmakers to use fiscal restraint as they consider her nearly $64 billion budget proposal amid concerns about dwindling federal support. During…

Read more Healey urges lawmakers to approve budget

Healey seeks to delay federal tax cuts

January 26, 2026January 26, 2026 · Boston, Massachusetts Local News

BOSTON — Democratic Gov. Maura Healey is seeking to blunt the impact to state coffers from changes to the federal tax code under President Donald Trump’s new tax…

Read more Healey seeks to delay federal tax cuts

City Council approves $447.4 million bond order to pay for construction of new high school

January 23, 2026January 23, 2026 · Boston, Massachusetts Local News

SALEM — The City Council voted unanimously Thursday night to borrow up to $447 million to pay for the construction of a new high school. The Massachusetts School…

Read more City Council approves $447.4 million bond order to pay for construction of new high school

Healey taps $250M to offset rising health insurance premiums

January 8, 2026January 16, 2026 · Boston, Massachusetts Local News

BOSTON — The Healey administration is pumping an additional $250 million into the state-subsidized health care system to help offset the impact of now expired federal tax credits,…

Read more Healey taps $250M to offset rising health insurance premiums

Beverly faces nearly $4 million budget shortfall this spring

December 24, 2025December 24, 2025 · Boston, Massachusetts Local News

BEVERLY — The city is facing a nearly $4 million shortfall in funding the fiscal 2027 operating budget. That number — $3,921,385, to be exact — was in…

Read more Beverly faces nearly $4 million budget shortfall this spring

Healey signs $2.3B closeout budget

November 26, 2025November 26, 2025 · Boston, Massachusetts Local News

BOSTON — Gov. Maura Healey signed a $2.3 billion supplemental budget Tuesday that plugs revenue gaps from the previous fiscal year and buoys the state’s Medicaid program with…

Read more Healey signs $2.3B closeout budget

Report: Mass. cities, towns face ‘historic’ fiscal crisis

October 13, 2025October 13, 2025 · Boston, Massachusetts Local News

BOSTON — Massachusetts cities and towns are facing a “historic fiscal crisis” amid rising operating costs, lackluster state aid and restraints on property tax increases, according to a…

Read more Report: Mass. cities, towns face ‘historic’ fiscal crisis

Federal shutdown impact NH being assessed

October 4, 2025October 5, 2025 · Boston, Massachusetts Local News

The state has almost 10,000 residents who are federal workers, and many will be working without pay, laid off or perhaps terminated due to the federal government shutdown…

Read more Federal shutdown impact NH being assessed

Report: Mass. taxpayers to get big tax cut in 2026

August 23, 2025August 23, 2025 · Boston, Massachusetts Local News

BOSTON — Massachusetts taxpayers will receive a big break next year under President Donald Trump’s recently enacted spending package, according to a new report. The Tax Foundation, a…

Read more Report: Mass. taxpayers to get big tax cut in 2026
State uncovers .3M in welfare, food stamp fraud

State uncovers $2.3M in welfare, food stamp fraud

September 24, 2024September 24, 2024 · Boston, Massachusetts Local News

BOSTON — Investigators uncovered more than $2.3 million in welfare fraud in the most recent quarter, according to state Auditor Diana DiZoglio’s office. The office’s Bureau of Special…

Read more State uncovers $2.3M in welfare, food stamp fraud
Auditor: No tax rebates issued this year

Auditor: No tax rebates issued this year

September 21, 2024September 21, 2024 · Boston, Massachusetts Local News

It’s official: Massachusetts’ taxpayers won’t be getting a break this year from a decades-old tax rebate law, the state’s fiscal watchdog says. State Auditor Diana DiZoglio said a…

Read more Auditor: No tax rebates issued this year
Auditor: No tax rebates issued this year

Teachers union blasts use of ‘millionaires tax’ money

September 16, 2024September 16, 2024 · Boston, Massachusetts Local News

BOSTON — Backers of the state’s “millionaires tax” are accusing the Healey administration of defying the will of voters by tapping into proceeds from the tax to close…

Read more Teachers union blasts use of ‘millionaires tax’ money
Former owner of popular sandwich shop pleads guilty to tax fraud

Former owner of popular sandwich shop pleads guilty to tax fraud

September 11, 2024September 11, 2024 · Boston, Massachusetts Local News

SALEM — The former owner of Red’s Sandwich Shop in Salem has pleaded guilty to tax fraud after failing to pay more than $1.5 million in state meals…

Read more Former owner of popular sandwich shop pleads guilty to tax fraud
Methuen council taking another vote on Searles Estate

Methuen council taking another vote on Searles Estate

August 13, 2024August 14, 2024 · Boston, Massachusetts Local News

METHUEN — The City Council will likely vote on the purchase of the historic Searles Estate for the second time next month. The council voted against the purchase…

Read more Methuen council taking another vote on Searles Estate
Auditor: No tax rebates issued this year

Report: Mass. taxpayer exodus continues

July 6, 2024July 6, 2024 · Boston, Massachusetts Local News

BOSTON — Massachusetts lost more than $3.8 billion in state-adjusted gross income between 2021 and 2022 as residents fled to New Hampshire, Florida and other low-tax states, according…

Read more Report: Mass. taxpayer exodus continues
State uncovers .3M in welfare, food stamp fraud

Despite councilor’s questions, Gloucester’s $165M budget OK’d with $2.2M school budget gap

June 21, 2024June 21, 2024 · Boston, Massachusetts Local News

The City Council on Tuesday approved nearly $165 million in spending for city and school budgets, various enterprise funds, Community Preservation Act money and various revolving funds for…

Read more Despite councilor’s questions, Gloucester’s $165M budget OK’d with $2.2M school budget gap
Auditor: No tax rebates issued this year

Few prepared to cover long-term care costs

May 30, 2024May 30, 2024 · Boston, Massachusetts Local News

Editor’s note: The share of the U.S. population older than 65 keeps rising – and will for decades to come. Since nearly half of Americans over 65 will…

Read more Few prepared to cover long-term care costs
Auditor: No tax rebates issued this year

Safety net hospital fund shortfall widening

May 18, 2024May 19, 2024 · Boston, Massachusetts Local News

BOSTON — Lawmakers are seeking more support for the state’s safety net hospitals amid rising concerns about the fiscal health of a fund that helps cover medical costs…

Read more Safety net hospital fund shortfall widening
Hank Greenberg Fast Facts | CNN

Hank Greenberg Fast Facts | CNN

April 17, 2024April 18, 2024 · Breaking News

CNN  —  Here is a look at the life of former AIG Chief Executive Officer Hank Greenberg. Birth date: May 4, 1925 Birth place: New York, New York…

Read more Hank Greenberg Fast Facts | CNN
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