Gov. Healey to Announce Emergency Budget Cuts Amid Revenue Shortfall

TL;DR Summary
Massachusetts Governor Maura Healey is set to announce emergency budget cuts totaling around $375 million due to six months of lower-than-projected revenues, with $769 million less than the year-to-date benchmark as of December 2023. The cuts, authorized under Section 9C of the state constitution, are expected to target locally earmarked funds, potentially resulting in 50% cuts to community programs and needs. The Governor's office has yet to comment on the matter.
Topics:nation#emergency-budget-cuts#governor-maura-healey#massachusetts#politics#revenue-shortfall#section-9c
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