Category Archives: State News

The Governor’s Budget Statement

Governor Patrick today announced his 9-c cuts, which totaled about one billion dollars. The statement from the Governor. BOSTON – Wednesday, October 15, 2008 – Faced with an estimated budget deficit of $1.4 billion, Governor Deval Patrick today started implementing … Continue reading

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Governor to Announce Cuts

Governor Deval Patrick will announce cuts to the State budget today at 5:00 p.m., with word filtering out that as much as $800 million may be on the chopping block. It appears that the new revenue figures that Patrick has … Continue reading

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JFK on Tape

Here is some fascinating material, with Senator (soon to be President) John F. Kennedy talking to Ben Bradlee of Newsweek, with Jackie in the conversation as well. JFK talks candidly about health, politics, some of his likes and dislikes, and … Continue reading

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Mayors Meet with the Governor

Governor Deval Patrick and Lt. Governor Tim Murray convened a meeting of Massachusetts Mayors today in the Governor’s office to discuss the ongoing fiscal crisis. The meeting drew about 35 mayors, with additional mayors participating via a conference call. I … Continue reading

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The States take a hit (look out below)

The massive economic upheaval is imposing a heavy burden on state governments throughout the nation, with revenues plunging, pension funds sinking, and costs rising. With access to credit markets still somewhat limited cash flow problems could force states to come … Continue reading

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The Net Capital Rule or how the poor are responsible

We have all heard the new spin coming out of the John McCain camp and from those that blog and parrot those talking points. I refuse to name names (Jules Gordon) but blaming the CRA and the poor seems to … Continue reading

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Governor Patrick Cuts Budget

Governor Deval Patrick announced today a sweeping set of action items, including a seven percent across the board cut in the executive branch, as well as ordering the Secretary of Transportation to draw legislation abolishing the Massachusetts Turnpike Authority. He … Continue reading

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The Local Aid Issue

As we see economic problems overtaking federal and state government it is a necessity to begin the planning process in case the situation gets bleaker. On that basis I have this week ordered our Department Heads to begin planning for … Continue reading

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Massachusetts Shut Out at Credit Window

The State of Massachusetts, looking to borrow money to make a local aid payment, found itself unable to borrow sufficient funds on the open market to do so, forcing the Treasurer to utilize State funds to make up the balance … Continue reading

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Mass delegation and the vote

The Massachusetts Congressional delegation had three members who voted against the bailout bill. According to WBZ those three were Steve Lynch, Bill Delahunt, and John Tierney. All other members, including Fifth Congressional Rep. Niki Tsongas, voted in favor. The entire … Continue reading

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