Senate Leaders to Unveil $40B Massachusetts Budget Proposal

massachusetts-state-house-300x198BOSTON (AP) — Massachusetts Senate leaders are preparing to roll out their version of a nearly $40 billion state budget.

The proposed spending plan for the fiscal year starting July 1 will be unveiled by the Senate Ways and Means Committee on Tuesday.

The full Senate is expected to debate the budget plan next week.

The House unanimously approved its version of the budget last month, calling for an overall three percent increase in state spending and no new taxes. It also calls for a $159 million increase in state aid for cities and towns.

Critics say the House budget falls short in areas such as higher education and transportation.

Democratic Senate President Stan Rosenberg says the state needs to find new sources of revenue.

Tax increases can only be initiated by the House.

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