Tag Archive for: spending
MBTAAnalysis: A look inside the MBTA
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The MBTA shuttles over a million passengers a day around Greater…
Middlemen Pushing Up Retail Costs of Drugs
The reality is that non-price factors, including several players, are causing net prices to decline and retail prices to increase. Those players include employers, health plans, and pharmacy benefit managers (PBMs), all of whom have continuously circumvented the system through loopholes and complicated systems of reimbursement that tend to hurt patients
Pioneer Statement on Continuing Slide in Massachusetts’ Revenue
The Commonwealth’s tax collections continue to slide, totaling $3.594 billion in January, $268 million below what the state collected in January 2023, and short of the revised benchmark by $263 million. Massachusetts state government must live within its means by reducing FY2025 spending. The days of fiscal surpluses, unprecedented increases in year-over-year spending, and flowing federal aid have come to an end.
My Musings on Massachusetts’ Fiscal Picture
Since the start of FY2024 on July 1, 2023, the state has experienced six straight months of revenues falling short of expectations. The single biggest factor is the unprecedented growth of the state budget since FY2021. The $15 billion increase in state spending contextualizes the seemingly modest projected revenue growth of 1.6 percent for FY2024 by highlighting that the base is very inflated.
A Decade of Culture and Recreation Spending on Cape Cod
Culture and Recreation are among the most important services…
UMass Amherst Athletics’ Spending: Costing the Taxpayer Money
College sports have long been a major and growing attraction…
How UMass can cut the $11 million
Yesterday, the Statehouse News Service reported that UMass President…