Gov. Charlie Baker Announces State Budget Proposal - NECN
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Gov. Charlie Baker Announces State Budget Proposal

The fiscal 2018 budget would mark the first time that state spending has exceeded $40 billion

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    no description (Published Wednesday, Jan. 25, 2017)

    Republican Gov. Charlie Baker has filed a $40.5 billion state budget proposal with the Legislature that seeks new controls on Medicaid costs and $179 million in tax changes.

    The fiscal 2018 budget would mark the first time that state spending has exceeded $40 billion.

    Administration officials say the budget calls for overall spending to rise 4.3 percent, with a net increase of 2.7 percent when federal Medicaid reimbursements are included.

    Baker says the spending plan reduces a structural deficit from $1.2 billion when he took office in 2015 to less than $100 million.

    The spending plan calls for $440 million in Medicaid savings.

    The tax changes, which officials emphasized were not tax increases, include applying the state sales tax to more online retailers who operate outside the state.

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