How has the crisis affected the state budget and what does this mean? MassBudget has compiled the answers to some commonly asked questions and we want to hear from you. Read the latest and share your thoughts!
What is the Municipal Liquidity Facility? How does it work? How does it help Massachusetts? Learn more about how the Federal Reserve’s new loan program for states affects the Commonwealth.
Learn about how the pandemic is impacting the state budget process, essential programs, and how the Commonwealth can prepare for the road to recovery amid COVID-19.
How has the crisis affected the state budget and what does this mean? MassBudget has compiled the answers to some commonly asked questions and we want to hear from you. Read the latest and share your thoughts!
Learn what federal relief though the CARES Act, the Coronavirus Relief Fund, and other recently passed legislation means for the Commonwealth during the public health crisis.
Congress enacted billions of dollars in new direct cash assistance to individuals and families during the crisis, but there’s still work to be done to ensure people are not left behind. Learn what state-level solutions are available to fill the gaps.
Read the full testimony from our President, Marie-Frances Rivera, for the Massachusetts Legislature’s April Virtual Economic Roundtable, originally scheduled for April 7, 2020.
It’s a sudden economic freefall like no other. By some estimates, Massachusetts will have 473,000 COVID-induced job layoffs and furloughs by summer. Most people with jobs won’t make or spend as much in the months ahead.
What is the Rainy Day Fund? The Stabilization Fund — often referred to as the “Rainy Day Fund”– is a cushion for times when state tax collections fall abruptly and/or state expenditures rise sharply. It is like a savings account for the state to turn to when there is not enough revenue flowing into the …
We Must Provide Robust Economic Relief and Recovery for Vulnerable Populations and Children in Massachusetts Policy is the lever that we can pull to bring collective well-being and economic security to the Commonwealth. We are in an unprecedented moment, one which is bringing our interconnectedness into stark focus. A moment in which our public goods are being put to …
How Should Mass. Respond to the COVID-19 Crisis? Read More »