Maine’s Economy

There is hope for a rural Maine renaissance

At the same time, I directed a Maine Center for Economic Policy project, Spreading Prosperity to All of Maine, which also highlighted opportunities for rural revitalization. The keys, we […]

Bangor Daily News

Posted June 8, 2021

Tags Economy, Recession

Maine’s Economy, Taxes and Budget

Why is Maine’s revenue picture better than expected?

Past recessions wreaked havoc on Maine’s state budget and the COVID recession was expected to do the same. While Maine’s current revenue forecast, finalized in early December […]

Sarah Austin

Posted March 5, 2021

Tags Coronavirus, Federal, Recession, Revenue, Taxes

Maine’s Economy

Maine’s economic recovery relies on vaccines and a stimulus in 2021

Myall: If Congress doesn’t take the right approach to relief for individuals and governments, we could see a slower recovery or even a second recession. In particular, […]

Bangor Daily News

Posted December 24, 2020

Tags Coronavirus, Federal, Recession

Maine’s Economy

What’s next for Maine, Portland?

“We’re watching for how the recovery from the pandemic recession has us landing in Maine: Is it equal? Are there divides in geography, population groups, such as […]

Portland Phoenix

Posted November 18, 2020

Tags Coronavirus, Economic Security, Economy, Inequality, Recession

Taxes and Budget

Severe recession, without aid, could shrink Maine government revenue for years

The potential for a deep, prolonged recession has sparked more calls from some analysts and Maine’s congressional delegation for federal stimulus that includes local government funding to […]

Portland Press Herald

Posted September 28, 2020

Tags Budget, Federal, Recession, Revenue

Taxes and Budget

Proposal to close state's $538M revenue shortfall includes call for more federal support

Garrett Martin, executive director of the Maine Center for Economic Policy, said that the proposal “is a good attempt to bridge the revenue gap in the current […]

MaineBiz

Posted September 11, 2020

Tags Budget, Coronavirus, Federal, Recession, Revenue

Maine’s Economy

What the road ahead looks like for Maine’s economy

James Myall, policy analyst with the left-leaning Maine Center for Economic Policy in Augusta, said that like the Great Recession from 2007 and 2009 that took eight […]

Bangor Daily News

Posted September 1, 2020

Tags Economic Security, Economy, Recession

Taxes and Budget

RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm

Supporters of tax cuts often claim they will directly boost economic activity. A large body of research refutes this argument. In a comprehensive review of four decades […]

MECEP

Posted August 18, 2020

Tags Budget, Economy, Recession, Revenue, Taxes

Taxes and Budget

Maine leaders urge Congress to end gridlock on COVID-19 relief package

Democratic leaders and White House officials met Friday for the 10th time in 12 days, but those talks broke down again as the two sides remained hundreds of billions […]

Portland Press Herald

Posted August 7, 2020

Tags Coronavirus, Federal, Recession, Unemployment

Taxes and Budget

Maine goes into austerity mode as coronavirus takes steep budget toll

Republicans are saying they told her so as she looks to cut out a similar portion. Progressives, on the other hand, are beginning to lament the tilt […]

Bangor Daily News

Posted August 6, 2020

Tags Budget, Coronavirus, Recession, Revenue

Recession

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There is hope for a rural Maine renaissance

Why is Maine’s revenue picture better than expected?

Maine’s economic recovery relies on vaccines and a stimulus in 2021

What’s next for Maine, Portland?

Severe recession, without aid, could shrink Maine government revenue for years

Proposal to close state's $538M revenue shortfall includes call for more federal support

What the road ahead looks like for Maine’s economy

RESEARCH REVIEW: State tax and budget cuts don’t boost economic activity and can cause harm

Maine leaders urge Congress to end gridlock on COVID-19 relief package

Maine goes into austerity mode as coronavirus takes steep budget toll