Lawmakers Set To Vote On Compromise State Budget Plan 

TS_Money_1516BOSTON (AP) — Massachusetts’ new state budget may be on time after all.

House and Senate negotiators on Wednesday said they had reached agreement on a compromise spending plan for the state’s 2017 fiscal year, which begins on Friday.

The six-member conference committee says they planned to file the budget in time for House and Senate lawmakers to give final approval and ship it to Republican Gov. Charlie Baker’s desk by Thursday.

Baker has 10 days to review the budget before signing it and issuing vetoes.

Earlier this week, Baker said an anticipated revenue gap in the approximately $40 billion state budget could be as big as $950 million.

On Monday, Baker signed a temporary $5.3 billion budget to keep state government running through the end of July, if needed.

 

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