ARTICLES By E. Cameron (Cam) Huff

Capital Gains

Avoiding Harm to the State Budget

Governor Deval Patrick recently took dramatic action to repair a $1.4 billion deficit in the state budget, a hole that is roughly the size of the state’s annual spending on higher education. The plan to fill the gap includes $1 billion in spending cuts and the layoff of 1,000 employees. The need to act has

Point of Reckoning

Two Decades of State Budget Trends

The Massachusetts state budget has reached a point of reckoning. First and foremost, a stubborn structural imbalance threatens the state’s ability to manage or grow current programs and services. Spending increases are outpacing revenue growth, with health care voraciously consuming a more generous slice of the fiscal pie. This imbalance is exacerbated by volatility in

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