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PM in the News: “Midyear budget shortfall raises questions about Healey’s tax cuts”

Midyear budget shortfall raises questions about Healey’s tax cuts,” WGBH, January 12, 2024.

Have Gov. Maura Healey’s tax cuts backfired?

That’s the argument coming from some on the left as Healey makes hundreds of millions of dollars in midyear budget cuts, just a few months after she signed off on the state’s first big tax-break package in two decades. But not everyone thinks the state’s current fiscal duress means the cuts were a bad idea.

Adam Reilly is joined by Mass. Taxpayers Foundation president Doug Howgate and Progressive Mass policy director Jonathan Cohn, who discuss the impact of the cuts and what they might portend for the future of budget-making in the state.

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