The new spending plan is “balanced, it’s fiscally responsible, and we believe it is a blueprint for meeting the needs of residents and businesses," Gov. Maura Healey said Wednesday.

Including use of a larger surtax pool and hundreds of millions of dollars for the Medical Assistance Trust Fund, the bill would increase state spending about 7.4% over the fiscal 2025 budget that Healey signed in July. Beacon Hill regularly adds hundreds of millions of dollars more in appropriations via midyear bills.