Editorial, includes “What revenue shortfall? That’s what Gov. Charlie Baker seemed to say with his revised $45.5 billion fiscal 2021 state budget unveiled on Wednesday. Despite the projected loss of an estimated $3.6 billion in state tax revenues from an economy stunted by the COVID-19 pandemic, the governor’s latest spending-plan actually exceeds the budget first laid out in January. To balance increased outlays with falling revenues, Baker built his budget on one-time revenue sources …”
Read the full article on: Lowell Sun (Massachusetts)