... Baker suggests structure to shed light on purpose of legal fees paid by Legislature ...... Mass Home Care says Senate health care bill proposes largest funding cut in program's 43-year history ...... After saying he planned to stay on, Attleboro mayor-elect Rep. Heroux plans to resign his House seat ...... Baker says current English language learning law working well for thousands in Massachusetts ...... Contraception bill was good opportunity for Mass. to "send a message" to others, Baker says ...... Sen. Chandler to Gov. Baker at contraception bill signing: "Thank you so much for supporting our work" ...... Women "we will never know about" will make family planning choice thanks to new law, Rep. Haddad says ...... Veteran Rep. Kaufman, 70, of Lexington, will not seek re-election in 2018 ...... Home care bill heads back to Baker with workers still concerned about their own privacy considerations ...... MTF releases look at health care trust funds ...
Latest Headlines:
House:
ADJOURNED 'til Monday at 11 a.m. (informal)
Senate:
ADJOURNED 'til Monday at 11 a.m. (no calendar)

PEW LOOKS AT MASS. AS MODEL AND CAUTIONARY TALE FOR RAINY DAY FUND MANAGEMENT

By Colin A. Young

STATE HOUSE NEWS SERVICE

STATE HOUSE, BOSTON, MAY 18, 2017.....When it comes to rainy day fund management, the recent experience of Massachusetts was highlighted in a report released Thursday by the Pew Charitable Trusts as an example of how state policymakers' handling of reserves can affect a state's credit rating.

The report begins with a Beacon Hill anecdote from late 2015, right after Standard and Poor's downgraded the state's credit outlook from stable to negative, citing the use of the "rainy day" fund to balance the budget in several prior years.


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