Wolf administration will continue effort to attract Shell ethane cracker plant

Acting DCED Sec. Dennis Davin told members of the House Appropriations Committee Wednesday that the Wolf administration is continuing efforts to attract and finally bring the proposed Shell ethane cracker plant to Beaver County.

“I think part of what we’ve done is look at opportunities to really significantly work with [Shell] going forward,” said Sec. Davin, noting the administration does not yet know when a final decision will be made.

Wednesday, March 11, 2015/Author: Jason Gottesman
Categories: News and Views
AG Kane peppered, but not burned, by House Appropriations Committee

AG Kane peppered, but not burned, by House Appropriations Committee

In what had the potential to be a budget hearing filled with fireworks aimed at embattled Attorney General Kathleen Kane Tuesday, her office’s budget review was in fact comparatively tame, with just a handful of questions from members touching on controversial topics.

Tuesday, March 10, 2015/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf’s budget proposal would require more short-term borrowing

Gov. Wolf’s budget proposal would require more short-term borrowing

According to Executive Deputy State Treasurer and Chief Counsel Chris Craig, the budget proposal offered by Gov. Tom Wolf last week counts on an increase in short-term borrowing, likely in the form of tax anticipation notes, to front-load the disbursement of funds to provide immediate increases in funding to items such as public schools.

It was noted that while the budget proposal calls for an increase in revenues, some of those revenue streams will not become effective until 2016—a full six months following the budget’s normal effective date.

“It would be anticipated that there would be a much more aggressive use of short-term borrowing to deploy it earlier than when sales tax revenues would come in,” he told members of the House Appropriations Committee during a Tuesday budget hearing with his department.

Tuesday, March 10, 2015/Author: Jason Gottesman
Categories: News and Views

Majority Leader Reed reflects on governor’s revenue proposals, appropriations process

Just under a week after Gov. Tom Wolf unveiled his budget proposal, The PLS Reporter caught up with House Majority Leader Dave Reed (R-Indiana) to see how things have settled with him and his caucus.

While still seeing the numbers put out by the governor as “extreme,” Majority Leader Reed said he sees areas where his caucus can work with the governor.

Monday, March 9, 2015/Author: Jason Gottesman
Categories: News and Views
How Gov. Wolf’s budget will impact the middle class depends on who you ask

How Gov. Wolf’s budget will impact the middle class depends on who you ask

While the annual legislative budget hearings got kicked off Monday, the Commonwealth Foundation added its voice to the budget mix by holding a news conference where it claimed Gov. Tom Wolf’s proposed budget will cost middle class families an additional $1,419.

Foundation president and CEO Matthew Brouillette said the budget proposed by Gov. Wolf will bring the Commonwealth to a grinding halt.

“It will be the very people Gov. Wolf claims he wants to help who will be harmed the most by his proposals,” he said. “The governor would require the average family of four to deal with $1,400 less in their household budgets.”

Monday, March 9, 2015/Author: Jason Gottesman
Categories: News and Views
RSS
First532533534535536537538539540541Last