Budget Monitor: The Senate Ways and Means Budget for FY 2013
In order to balance the budget, the Senate Ways and Means Committee proposes roughly $615 million in cuts and savings along with $552 million of temporary revenue.
In order to balance the budget, the Senate Ways and Means Committee proposes roughly $615 million in cuts and savings along with $552 million of temporary revenue.
This budget brief describes the proposals affecting MassHealth (Medicaid) and other health care programs which were included in the House final budget for FY 2013. It is part of a series of fact sheets that will be published by the Massachusetts Medicaid Policy Institute (MMPI) and produced by the Massachusetts Budget and Policy Center in partnership with the Massachusetts Law Reform Institute.
To address the state’s $1.3 billion budget gap, the House budget calls for approximately $685 million in temporary revenue along with cuts and savings of roughly $560 million.
This budget brief describes the proposals affecting MassHealth (Medicaid) and other health care programs which were included in the House Ways and Means’s Committee’s FY 2013 budget. It is part of a series of fact sheets that will be published by the Massachusetts Medicaid Policy Institute (MMPI) and produced by the Massachusetts Budget and Policy Center in partnership with the Massachusetts Law Reform Institute.
On April 11, the House Committee on Ways and Means (HWM) released its budget proposal for Fiscal Year 2013 (FY 2013). To address the state’s $1.3 billion budget gap, the proposal calls for approximately $685 million in temporary revenue along with cuts and savings of nearly $600 million.
This budget brief describes the proposals in the Governor’s FY13 budget which affect MassHealth (Medicaid) and other health care programs. It is the first in a series of fact sheets that will be published by the Massachusetts Medicaid Policy Institute (MMPI) and produced by the Massachusetts Budget and Policy Center in partnership with the Massachusetts Law Reform Institute.
On January 25, the Governor filed his budget proposal for Fiscal Year 2013. Our Budget Monitor tracks the impact of those proposals on each major area of state government, from heath care and education to public safety and the environment–including information on tax revenues.
The money that the state provides to cities and towns for core local services is called General Local Aid. Our new factsheet describes the history of general local aid, the dramatic cuts of the last four years (amounting to roughly 1/3 of all funds), and various options for reform.
Looking ahead to the fiscal challenges the Commonwealth faces in FY 2013, our Budget Preview shows that the budget deficit will be well over $1 billion.
This updated report examines state budget cuts since the onset of the current economic downturn. It builds on our prior edition published in April (which included cuts up through the Governor’s FY 2012 budget proposal) and compares changes in major categories of state spending between FY 2009 and FY 2012. It documents deep cuts in early education, public health, and other programs that directly affect the lives of children and adults across the commonwealth.