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Journal Article
Medicaid: fiscal ill or fiscal cure?
Journal Article
Are excise tax revenues a quick fix?
Journal Article
Will the tobacco settlement payments go up in smoke?
In December 1995, Massachusetts attorney general Scott Harshbarger filed a civil suit against the tobacco industry. The Commonwealths lawsuit charged that the tobacco industry had conducted research into the addictive properties of nicotine and used this research to willfully manipulate the nicotine level of cigarettes in order to addict smokers and increase cigarette sales. The lawsuit asked the court for damages to compensate the Commonwealth for expenditures paid to treat smoking-related illnesses. At the time this litigation was filed, Massachusetts was the fifth state in the nation to ...
Journal Article
Dealing with deficits: how New England States are managing the fiscal crisis
Following the economic boom of the late 1990s, the current recessionary period has caused revenues to decline and demand for government services to rise. Now, government executives and lawmakers, faced with persistent budget deficits, are struggling with difficult decisions: "What cuts should we make?" "Could we, should we, raise taxes?" "How deeply do we dip into quickly diminishing reserves?"...
Journal Article
Fuzzy federal funds stymie governors' planning
Journal Article
Preparing for the storm: rainy day funds in New England
Rainy day funds have played an important role in alleviating the current state fiscal crisis. This article examines the benefits of these funds, the various ways in which they can be structured, and the differences in the structure and use of these funds in New England.
Journal Article
How will future aid cuts affect New England's public sector?
Journal Article
The rising cost of operating state prisons
Journal Article
Six-state review
New England states are facing their worst fiscal crises in at least a decade. General revenues, especially those from the personal income tax, fell sharply in every New England state except New Hampshire in FY2002. All six states closed the fiscal year with deficits. Although preliminary reports suggest that FY2003 revenue collections in some states may be up from last year, deficits are still expected throughout the region. In response, all six states are cutting expenditures, drawing down reserve accounts, and/or raising taxes and fees.
Journal Article
Fiscal facts and myths