Massachusetts governor proposes 400 million for colleges, citing federal uncertainty
Governor Maura Healey proposed a $400 million funding plan for Massachusetts universities and colleges to counteract federal funding cuts. This initiative seeks to create and preserve jobs in research and development, critical for the Boston area's economic landscape. A report from the Donahue Institute indicated that federal research funding supports more than 81,000 jobs in the state. Healey's announcement highlighted the detrimental effects of the Trump administration's funding cuts on the research economy, making Massachusetts vulnerable to international competition. The funding proposal includes $200 million for research projects at hospitals and universities and another $200 million to support partnerships at public institutions.
The plan is set to draw from the state's emergency fund and revenue from a new tax on incomes exceeding $1 million. Republicans in the state expressed concerns about the use of these funds, suggesting more pressing needs must be addressed. The funding plan reflects Massachusetts' commitment to maintaining its status as a leader in innovative research and development.