Mass shorfall... 200 mill and growing
I'm sure you guys and gals have heard, Massachusetts revenue is expected to be 200 million lower than projected for this past month... Help me Rhonda...
Many in the know.. had predicted a major shortfall and while we in Mass have much better economic recovery news lately, homes sales are up and unemployment is bad, but not as bad as it could be. Look for more cuts in Public Safety, education, local aid and Health and Human service.
All this is happening and Coakleys office has been giving out huge raises and her overall budget has increased by huge amounts. Her defense to this is, that she is hiring more attorneys to sue as many companies as she can to bring in more money to the state.... the question is... where does all that money go... and it's considerable money. Not enough to bail us out... but it's a small fortune.