Taxes and Budget

Garrett Martin: Congress must act now to prevent state budget collapse

The coronavirus pandemic has already spurred a jobs crisis and recession unlike anything we have ever experienced. But if the federal government does not act quickly, it will also […]

Posted May 11, 2020

Tags Budget, Federal

Congress must act boldly to protect Maine families, communities from harm

Maine faces a revenue shortfall of at least $1.2 billion in the next fiscal year. If unaddressed, this fiscal crisis would hurt families and communities, and make the recession worse. Congress must include state fiscal relief in the next coronavirus bill.

Mario Moretto

Posted May 8, 2020

Tags Coronavirus, Federal, Recession

Maine’s Economy

Governor Mills convening Economic Recovery Committee

Gov. Janet Mills announced Wednesday the creation of a panel to advise her on the state’s economic recovery, and suggested there could be regional variations in the […]

WABI

Posted May 7, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

Think tank projects $1.2 billion budget shortfall for Maine

Nonpartisan research and policy institute the Center on Budget and Policy Priorities is projecting a huge budget shortfall for Maine by the end of the next fiscal […]

Portland Press Herald

Posted May 6, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

NEW REPORT: Maine faces at least $1.2 billion revenue shortfall as coronavirus wreaks havoc on jobs, spending

To protect Maine families and communities, Congress must include substantial state fiscal aid in the next pandemic relief package AUGUSTA, Maine — Maine faces an estimated $1.2 billion […]

Posted May 5, 2020

Tags Coronavirus, Economy, Federal

Taxes and Budget

REPORT: Maine needs fiscal relief now to address revenue shortfall of at least $1.2 billion

Just two months after the pandemic’s first ripples were felt in the economy, forecasters say unprecedented state revenue shortfalls jeopardize state and local budgets. In Maine, revenue […]

Sarah Austin

Posted May 5, 2020

Tags Budget, Coronavirus, Federal, Revenue

Maine’s Economy

Maine DOL: Workers in re-opened industries could lose unemployment if they don’t return to work

According to recent calculations made by the Maine Center for Economic Policy, more than 108,520 Mainers have filed for unemployment over five weeks, putting the state unemployment […]

Beacon

Posted April 30, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

The View From Here: Who backs the front line worker?

Who are our front line workers? Thanks to some timely work by Sarah Austin, a policy analyst from the Maine Center for Economic Policy, we have a pretty […]

Portland Press Herald

Posted April 26, 2020

Tags Coronavirus, Economy, Federal

Maine’s Economy

Small businesses need targeted relief that Payroll Protection Program does not yet provide

On Thursday, Congress enacted a new round of funding for the Payroll Protection Program, or PPP, which provides loans to help businesses cover payroll and other expenses […]

James Myall

Posted April 24, 2020

Tags Coronavirus, Federal

Maine’s Economy

Declining Economic Opportunity and a Shrinking Safety Net: Consequences for Maine

There is recent evidence suggesting that progress has been made on some of these trends. The Maine Center for Economic Policy’s State of Working Maine: 2019 report […]

Maine Policy Review

Posted April 23, 2020

Tags Coronavirus, Economy, Federal

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Garrett Martin: Congress must act now to prevent state budget collapse

Congress must act boldly to protect Maine families, communities from harm

Governor Mills convening Economic Recovery Committee

Think tank projects $1.2 billion budget shortfall for Maine

NEW REPORT: Maine faces at least $1.2 billion revenue shortfall as coronavirus wreaks havoc on jobs, spending

REPORT: Maine needs fiscal relief now to address revenue shortfall of at least $1.2 billion

Maine DOL: Workers in re-opened industries could lose unemployment if they don’t return to work

The View From Here: Who backs the front line worker?

Small businesses need targeted relief that Payroll Protection Program does not yet provide

Declining Economic Opportunity and a Shrinking Safety Net: Consequences for Maine