The spending would be paid for with a combination of $2.5 billion in ARPA funds and up to $1.45 billion of surplus tax revenue. Spending proposed in the bill falls short of these caps by $282 million — cash a Massachusetts Taxpayers Foundation report...

The ongoing legislative process for ARPA legislation continued today with the release of a $3.7 billion spending plan from the Senate Committee on Ways and Means (SWM).  As with the House plan finalized last week, the SWM proposal mixes federal...

Chakrabarti and Stacy were brought together by the Massachusetts Taxpayers Foundation for a discussion about an equitable economic recovery as part of the think tank’s forum series focused on ARPA. MTF in May published a report titled Closing the...

A Massachusetts Taxpayers Foundation report published in September cautioned that the MBTA could face “fiscal calamity” in several years if the agency does not substantially overhaul its finances or if lawmakers do not decide to steer more dollars...

Senate President Karen Spilka this week stomped all over the idea of raising taxes or fees to generate more money for the MBTA: “So I’m not certain that there’s a need for even more money. I have not heard that from a single person,” she said,...

The Massachusetts Taxpayers Foundation recently released a report that found the T would need $1.25 billion in new annual revenue to meet its capital and operating needs in the coming years. ...

The Massachusetts Taxpayers Foundation warned earlier this month the T could be facing a “fiscal calamity” that would require $1.25 billion in new annual revenue just to meet operating and capital needs. That does not include $2 billion in...

Baker split his proposal to use $2.9 billion of state government’s ARPA funds and its surplus tax revenue into separate bills. In an analysis published Monday afternoon, the Massachusetts Taxpayers Foundation said the House Ways and Means Committee’s...

But those lingering concerns, or the Massachusetts Taxpayers Foundation’s warning about the T facing a “fiscal calamity,” may have been on the mind of Transportation Secretary Jamey Tesler, who said in his opening remarks that the new board begins...

Keeping the transit system funded is another top concern among advocates. The Massachusetts Taxpayers Foundation recently reported that the MBTA’s operating and capital shortfalls coming in fiscal year 2024 will require $1.25 billion in new funding...