Protect Massachusetts' Future

Massachusetts High Technology Council and Massachusetts Opportunity Alliance are Slashing Billions

WBUR, Oct. 20, 2025

The Massachusetts High Technology Council and the Massachusetts Competitive Partnership are leading an effort to gut the state’s budget and drain money from education, research, and healthcare, eliminating hundreds of thousands of jobs. Backed by wealthy investors and CEOs, the groups are attempting to put a question on the November 2026 ballot that would impose a strict ‘revenue cap’ on Massachusetts and slash funding for classrooms, hospitals, and first responders across the state.

Why would the leaders of business organizations and research institutions lend their good names to the Massachusetts High Technology Council and Massachusetts Competitive Partnership’s plan to slash education and healthcare funding?

No Backroom Deal to Cut Schools and Healthcare!

The November 2026 Ballot

Devastating Cuts to Public Services

The ballot initiative would impose a restrictive cap on state tax collections and investment that would lead to repeated cuts to public services, forcing Massachusetts to slash billions of dollars in public spending over the next decade.

The largest budget cuts would occur in the years following an economic recession, limiting our ability to recover from economic downturns when state spending to stimulate the economy and support struggling residents is most necessary.

Dramatic Reductions to State Revenue

Our Future on the Line

This initiative would force towns and cities across Massachusetts to lay off thousands of hard-working teachers, police officers, and firefighters, leaving families to pay the price for corporate greed. Hospitals, nursing homes, schools and colleges could be forced to close their doors, leaving us all worse off.

The measure would strip billions of dollars from classrooms, hospitals, and research that Massachusetts communities depend on.

Institutional Accountability

Business and Hospital Leaders Need to Oppose the Cuts

Even though these cuts would hurt education, healthcare, and research, some business and hospital leaders continue to support the MA High Tech Council and Massachusetts Competitive Partnership by lending their institutions’ names as members. These leaders should be fighting for investments in their institutions and opposing cuts, not siding with a coalition that cares more about tax breaks for the wealthy than Massachusetts’ future.

We are urging leaders to do right by their students and staff and withdraw their membership from the Massachusetts High Technology Council and Massachusetts Competitive Partnership.

Massachusetts Competitive Partnership Board of Directors

Ronald P. O’Hanley
Chair, MACP
Chairman & CEO
State Street Corporation

Peter D. Banko 
President & CEO
Baystate Health

Roger W. Crandall
Chairman, President & CEO
Mass Mutual Financial Group

John F. Fish
Chairman & CEO
Suffolk Construction

Robert T. Hale, Jr.
President, Co-Founder, & CEO
Granite Telecommunications

Jean M. Hynes 
CEO
Wellington Management

Abigail P. Johnson
Chairman, President & CEO
Fidelity Investments

Dr. Anne Klibanski
President & CEO
Mass General Brigham

Robert K. Kraft
Founder, Chairman & CEO
The Kraft Group

Brian T. Moynihan 
Chair & CEO 
Bank of America

Robert L. Reynolds
President & CEO 
Putnam Investments

Vincent Roche
Chair & CEO
Analog Devices Inc.

Niraj Shah
CEO, Co-Chairman, & Co-Founder
Wayfair

Timothy M. Sweeney
President & CEO
Liberty Mutual

Corey E. Thomas
Chairman & CEO 
Rapid7

Brooks E. Tingle
President & CEO 
John Hancock

Christophe Weber
President & CEO
Takeda Pharmaceutical Company