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

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

Jobs and Income

What’s at stake for Maine as $600 unemployment bonus winds down

If that federal money were stopped, it would mean less money spent in grocery stores or getting takeout or more people not being able to afford rent. […]

Bangor Daily News

Posted July 22, 2020

Tags Coronavirus, Federal, Unemployment

Maine’s Economy

Congress should prioritize state, local services over tax breaks for the wealthy, corporations

“Available indicators forecast a new recession triggered by the spread of COVID-19, with the economic damage poised to hit harder and faster than any downturn in recent […]

Bangor Daily News

Posted May 14, 2020

Tags Coronavirus, Federal, Tax Breaks

Taxes and Budget

Local budgets in Maine are seeing massive shortfalls. Federal help remains uncertain.

Absent such an intervention, the state of Maine is facing a revenue shortfall that could grow to $1 billion by mid-2021, according to April projections from Moody’s Analytics. […]

Bangor Daily News

Posted May 12, 2020

Tags Budget, Coronavirus, Local

Maine’s Economy, Taxes and Budget

Congress helped private businesses. Now it’s time to help state and local governments.

“If left unaddressed, the unprecedented shortfall will force the state to make painful cuts that will hurt Maine families and make the recession worse — including widespread […]

Bangor Daily News

Posted May 11, 2020

Tags Budget, Coronavirus, Economy

Jobs and Income, Maine’s Economy

Report: Maine could lose 3 times more jobs by June than it did in the Great Recession

That figure would equate to more than triple the jobs lost in the state during the Great Recession and more per capita than all but eight other […]

Bangor Daily News

Posted April 1, 2020

Tags Coronavirus, Economic Security, Economy, Federal, Recession, Unemployment

Health Care

Letter: Time for universal health care

A recent study by the Maine Center for Economic Policy on behalf of Maine AllCare showed that a universal, publicly funded health care system covering every Maine resident could […]

Bangor Daily News

Posted January 17, 2020

Tags Health Care

Taxes and Budget

BIW gets a $45 million tax break. It should expect scrutiny.

“There’s little to no evidence that corporate tax credits, such as the $45 million received by BIW, actually spur job creation or investment,” Mario Moretto, MECEP’s communications director, told me. […]

Bangor Daily News

Posted January 15, 2020

Tags Tax Breaks, Taxes

Health Care

Letter to the editor: Support for Maine AllCare

According to an analysis from the Maine Center for Economic Policy on behalf of Maine AllCare, Maine spent $13.9 billion on healthcare in 2017. It is estimated that a […]

Bangor Daily News

Posted January 11, 2020

Tags Health Care

Bangor Daily News

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What the road ahead looks like for Maine’s economy

Maine goes into austerity mode as coronavirus takes steep budget toll

What’s at stake for Maine as $600 unemployment bonus winds down

Congress should prioritize state, local services over tax breaks for the wealthy, corporations

Local budgets in Maine are seeing massive shortfalls. Federal help remains uncertain.

Congress helped private businesses. Now it’s time to help state and local governments.

Report: Maine could lose 3 times more jobs by June than it did in the Great Recession

Letter: Time for universal health care

BIW gets a $45 million tax break. It should expect scrutiny.

Letter to the editor: Support for Maine AllCare