Healey’s proposed $62B budget relies on surtax to drive up spending
- Maura Healey proposed a budget of over $62 billion for the next fiscal year, relying on income tax collections from the state's wealthiest and various budget-balancing strategies.
- The budget includes a new sales tax on candy but does not introduce new broad-based taxes or use the rainy day fund, which is expected to exceed $9 billion.
- The plan increases unrestricted general government aid to cities and towns by 2.2% and funds K-12 school aid increases under the Student Opportunity Act.
- The proposed budget represents a 7.4% increase over the fiscal 2025 budget, with a focus on using surtax revenues and maintaining essential programs.
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Coverage Details
Total News Sources0
Leaning Left7Leaning Right1Center4Last UpdatedBias Distribution58% Left
Bias Distribution
- 58% of the sources lean Left
L 58%
C 34%
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