Taxes and Budget

Garrett Martin: Congress must act now to prevent state budget collapse

The coronavirus pandemic has already spurred a jobs crisis and recession unlike anything we have ever experienced. But if the federal government does not act quickly, it will also […]

Posted May 11, 2020

Tags Budget, Federal

REPORT: Maine needs fiscal relief now to address revenue shortfall of at least $1.2 billion

Just two months after the pandemic’s first ripples were felt in the economy, forecasters say unprecedented state revenue shortfalls jeopardize state and local budgets. In Maine, revenue […]

Sarah Austin

Posted May 5, 2020

Tags Budget, Coronavirus, Federal, Revenue

Maine’s Economy

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

UPDATE (April 30, 2020): As confirmed cases of COVID-19 rise and the coronavirus pandemic continues to rock the economy, several of the indicators in this report have […]

Sarah Austin

Posted April 1, 2020

Tags Budget, Coronavirus, Economy, Federal, Recession, Revenue

Taxes and Budget

Maine’s new supplemental budget focuses on coronavirus response

The Maine Legislature on Tuesday enacted a supplemental budget, appropriating an additional $73 million to fund key priorities before the biennial budget expires on July 1, 2021. […]

Sarah Austin

Posted March 18, 2020

Tags Budget, Coronavirus

Taxes and Budget

Federal aid makes up one-third of Maine's budget. Trump's budget plan threatens that funding.

President Donald Trump’s 2021 budget proposal paints a crystal-clear picture of his his vision for the country. That vision starts with a plethora of funding cuts that […]

Mario Moretto

Posted February 13, 2020

Tags Budget, Federal

Taxes and Budget

Mills' $126M supplemental budget seeks to capitalize on strong Maine economy

“The additional resources for education and the governor’s focus on infrastructure and public services demonstrate that Gov. Mills knows what Maine communities and families need to thrive. […]

MaineBiz

Posted February 4, 2020

Tags Budget

Taxes and Budget

Governor's supplemental budget plan moves in the right direction

State could make even greater progress if policymakers addressed persistent revenue challenges AUGUSTA, Maine — Garrett Martin, executive director of Maine Center for Economic Policy, released the […]

Posted February 3, 2020

Tags Budget

Maine’s Economy

Maine politics: A conversation with five local legislators

For some expert advice on Maine’s fiscal health, let’s turn to Sarah Austin, a policy analyst for the nonpartisan group, the Maine Center for Economic Policy (and of […]

The Town Line

Posted December 11, 2019

Tags Budget, Economic Security, Economy, Revenue

Taxes and Budget

Understanding Maine’s revenue surplus

June 30 marks the end of the state’s fiscal year, meaning the state’s books for revenue and appropriations are settled and we know how well the state was able […]

Sarah Austin

Posted August 5, 2019

Tags Budget, Revenue, Taxes

Taxes and Budget

Eye on Augusta: Legislature Passes a Budget, Defeats Gun Control Bills, Pushes Forward Monhegan Wind Project & More

Progressives decried the budget for not funding several bills that passed both houses and are now languishing on the Appropriations table — such as LD 1689, which […]

The Free Press

Posted June 20, 2019

Tags Budget, Tax Breaks, Tax Fairness

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Garrett Martin: Congress must act now to prevent state budget collapse

REPORT: Maine needs fiscal relief now to address revenue shortfall of at least $1.2 billion

REPORT: Economic downturn from Coronavirus will dwarf Great Recession, demands bold policy response

Maine’s new supplemental budget focuses on coronavirus response

Federal aid makes up one-third of Maine's budget. Trump's budget plan threatens that funding.

Mills' $126M supplemental budget seeks to capitalize on strong Maine economy

Governor's supplemental budget plan moves in the right direction

Maine politics: A conversation with five local legislators

Understanding Maine’s revenue surplus

Eye on Augusta: Legislature Passes a Budget, Defeats Gun Control Bills, Pushes Forward Monhegan Wind Project & More