Treasurer warns of $860 million in delayed state payments as House GOP seeks to regroup on budget-balancing plan

Treasurer warns of $860 million in delayed state payments as House GOP seeks to regroup on budget-balancing plan

Things didn’t quite go as expected Tuesday for the House Republican Caucus who, as late as Monday afternoon, was eyeing a vote on some version of a plan to balance the state budget by transferring special fund money into the General Fund as an attempt to close the state’s $2.2 billion deficit.

 

By Tuesday afternoon, the House adjourned without taking up the plan and legislative leaders met with the House Taxpayer Caucus—the main proponents of the special funds plan— and some Southeastern lawmakers to try to rework their strategy in order to gain enough votes to get some budget-balancing plan to the Senate by week’s end.

Tuesday, September 12, 2017/Author: Jason Gottesman
Categories: News and Views
House returns to session to begin budget balancing blitz

House returns to session to begin budget balancing blitz

After taking a roughly seven week session hiatus, the state House of Representatives made their long-awaited return to voting session Monday as the Republican caucus in that chamber looks to try to find consensus on a revenue plan that can close the state’s $2.2 billion deficit.

Monday, September 11, 2017/Author: Jason Gottesman
Categories: News and Views
Gov. Wolf on new House GOP budget-balancing proposal: “I feel it’s a bad idea. It’s nonsense.”

Gov. Wolf on new House GOP budget-balancing proposal: “I feel it’s a bad idea. It’s nonsense.”

In some of the strongest words used by Pennsylvania’s chief executive in the ongoing budget impasse, Gov. Tom Wolf on Wednesday lambasted a new plan by House Republican members to balance the state’s books by using special fund transfers and other one-time sources of revenue rather than seeking revenue in the form of higher taxes and other recurring revenue sources.

Wednesday, September 6, 2017/Author: Jason Gottesman
Categories: News and Views
House GOP coalition unveils “The Taxpayers’ Budget”

House GOP coalition unveils “The Taxpayers’ Budget”

Six weeks of work by a cadre of 18 rank-and-file House Republicans—self-entitled the “budget hawks”—was brought to fruition Tuesday as the group unveiled their long-anticipated budget plan that balances last year’s books and the $31.99 billion spending plan passed in June by utilizing special fund transfers, closing tax loopholes, moving around excess funds, and other funding maneuvers to avoid a tax increase and borrowing from the state’s Tobacco Settlement Fund.

Tuesday, September 5, 2017/Author: Jason Gottesman
Categories: News and Views
PA collects $2.1 billion in August revenue

PA collects $2.1 billion in August revenue

Friday, the Department of Revenue reported August’s revenue figures, noting the Commonwealth collected $2.1 billion for the month, bringing fiscal-year-to-date collections up to a total of $4.2 billion 

Tuesday, September 5, 2017/Author: Jason Gottesman
Categories: News and Views
RSS
12345678910Last