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State's fiscal picture gets darker

Economists predict long period of poor revenues, tighter budgets

Robert A. DeLeo (left), House Ways and Means chairman, and Alan Clayton-Matthews, professor of public policy at the University of Massachusetts, spoke to the media after an economic summit at the State House yesterday. Robert A. DeLeo (left), House Ways and Means chairman, and Alan Clayton-Matthews, professor of public policy at the University of Massachusetts, spoke to the media after an economic summit at the State House yesterday. (Aram Boghosian for the Boston Globe)
By Matt Viser
Globe Staff / October 8, 2008

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Governor Deval Patrick and the Legislature should brace themselves for an extended period of declining or tepid tax revenues and smaller state budgets that will define the State House agenda for up to three years, a group of economists and public policy specialists warned lawmakers yesterday. (Full article: 959 words)

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