budget - NewBostonPost (Page 5)

Massachusetts

Baker looking to bolster voc-tech schools in budget, jobs bill

BOSTON — Gov. Charlie Baker proposed an additional $83.5 million for vocational education Friday, including a $75 million five-year capital program in a jobs bill set to be filed next week and an additional $8.5 million in his annual budget. Both of Baker's initiatives would need to

Massachusetts

T’s late-night service backed at hearing over canceling it

BOSTON – A small crowd that gathered Tuesday evening to weigh in on the potential elimination of the MBTA's late-night weekend transit service spoke nearly unanimously in favor of saving the costly option. Kenzie Bok, who said she is a 26-year-old lifelong resident of Boston's Bay Village,

Massachusetts

Baker cuts $50 million to start filling budget gap

BOSTON – Gov. Charlie Baker on Friday slashed nearly $50 million from the state budget to partially close what his administration identified as a $320 million gap between projected spending and revenues through end of the fiscal year. The emergency budget cuts, which come at the half-way point in the fiscal

Massachusetts

Baker may gauge budget hole’s depth with December revenue

BOSTON – With Gov. Charlie Baker considering where and how deep to cut spending from the current fiscal 2016 budget, December tax collections could help crystallize some the decisions the governor is expected to finalize "shortly." The Department of Revenue is expected to release a revenue report for the

Barack Obama

Obama vows an active role in 2016 presidential race

WASHINGTON (AP) — President Barack Obama closed his next-to-last year in office with rare praise for congressional Republican leaders who helped orchestrate a bipartisan budget deal Friday, then vowed to work hard to beat the GOP and get a fellow Democrat elected to succeed him in the White House. "I

Massachusetts

Pay hikes in UMass president’s office spur questions

BOSTON – University of Massachusetts officials defended the system's pay policies Wednesday after the Boston Herald reported some hefty salary increases for President Marty Meehan's already highly compensated staff, pointing out they came as Meehan is trying to get $10.9 million from the Legislature to cover

Massachusetts

Modest state revenue growth predicted for fiscal 2017

STATE HOUSE — Several experts pegged the likely growth of tax revenues in fiscal 2017 at less than 4 percent, citing drags on the economy from an aging workforce and relatively scarce housing combined with an expected further decrease in the income tax rate. At the annual hearing on revenues Wednesday

GOP

Led by GOP, House poised to renew over $600B in tax cuts

WASHINGTON (AP) — Republicans are ready to whip a year-end tax-cut compromise through the House as Congress prepares to finish 2015 in a flurry of accomplishment that belies the partisan collisions sure to dominate the coming election year. Though House Minority Leader Nancy Pelosi was leading a Democratic charge against the