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Ground Shifting Beneath Senate Revenue Group

The virtual meeting began Thursday with presentations from Massachusetts Budget and Policy Center President Marie-Frances Rivera and Massachusetts Taxpayers Foundation President Eileen McAnneny, each of whom detailed the forecasts they provided earlier this week at a hearing designed to help state budget managers chart a path through the end of fiscal 2020 and into the uncertainties of fiscal year 2021. Rivera said she thinks eliminating the reintroduction of that deduction is “the lowest-hanging fruit” and that because the deduction does not already exist, she does not think people will be any less inclined to make charitable donations.

https://www.newburyportnews.com/news/regional_news/ground-shifting-beneath-senate-revenue-group/article_a23c53b0-3c8f-5624-a4de-a34dfde7fba4.html

The Daily News of Newburyport
Colin A. Young

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The Senate and House chairmen of their respective chambers’ budget committees, Michael J. Rodrigues and Aaron Michlewitz, prepared to host a virtual roundtable with experts to determine how dire Massachusetts’ financial picture is.

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The Massachusetts Budget and Policy Center decided not to prepare a revenue estimate number for this hearing, said its president, Marie-Frances Rivera, citing “all the uncertainty and variables.” In April, MassBudget said that if patterns from prior recessions hold and there is some limited growth, fiscal 2021 collections could land between $5 billion and $5.7 billion shy of the estimates budget writers agreed to in January.

“We think that there’s a budgetary crisis that’s happening and we all have to be just fully aware and eyes-open about that,” Rivera said Wednesday. “There’s danger because all of the public goods that we’re relying on to guide us through this public health economic crisis, whether it’s health care, whether it’s housing people, whether it’s educating our young people, a lot of these are in jeopardy and the needs are growing.”

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