Annual Report Finds Harvard Kennedy School Faculty Remains Largely White, Male


Harvard Square Celebrates Oktoberfest


Harvard Corporation Members Donated Big to Democrats in 2020 Elections


City Council Candidates Propose Strategies for Supporting Low-Income Residents at Virtual Forum


FAS Dean Gay Hopes to Update Affiliates on Ethnic Studies Search by Semester’s End

State Begins Fiscal Year Borrowing $1.2 Billion


BOSTON--As lawmakers appeared deadlocked in trying to solve the state's fiscal disaster, officials opened the new bookkeeping year Monday by beginning to borrow $1.2 billion to help the government pay its bills.

The 1990 fiscal year ended Saturday, leaving Massachusetts with a deficit exceeding $1 billion. To help wash out this red ink, the Legislature has been trying to raise taxes, but lawmakers have been unable to agree on a method.

A conference committee attempting to devise a compromise tax package entered its third week of negotiations yesterday. The main sticking point has been a Senate proposal to extend the five percent sales tax to professional services, including legal fees and accounting.

State Sen. Patricia McGovern, D-Lawrence, chairman of the Senate Ways and Means Committee, said she was willing to compromise on structuring the tax on professional services, so lower income groups would not be affected.

"If [the House negotiators] would accept it in concept, I'm sure we could work out the technical way of doing it," she said.

But House Ways and Means Chair Richard Voke (D-Chelsea) said he was willing to compromise on extending the sales tax to other areas--except for professional services.

Voke said such a tax could seriously hurt an already weak economy by adding significant costs to businesses.

Want to keep up with breaking news? Subscribe to our email newsletter.