A week of woe for Pennsylvania’s fiscal health

A week of woe for Pennsylvania’s fiscal health

While last week’s election brought the prospect for change at the national level, the week following the election in Pennsylvania brought more of the same in terms of legislative leadership and, more importantly, Pennsylvania’s fiscal outlook.

 

The negative news concerning the current state of Pennsylvania’s budget and a depressing future outlook began Tuesday when the Independent Fiscal Office provided its five-year financial outlook that noted budget deficits are only likely to increase from $1.7 billion for FY 2017-2018 to $3 billion in FY 2021-2022.

Thursday, November 17, 2016/Author: Jason Gottesman
Categories: News and Views
Pension reform to get another swan song?

Pension reform to get another swan song?

The negative outlook on the passage of public pension reform put on the issue by the inability of the House to garner enough votes for the measure Wednesday, was made even more bleak Thursday as the legislation was recommitted by the House to the conference committee from which the latest proposal originated.

 

House Republican spokesperson Steve Miskin said that the move will allow all four parties to try to work toward a new agreement before constitutional end of session November 30.

Thursday, October 27, 2016/Author: Jason Gottesman
Categories: News and Views
Playing with house money: Local shares assessment fix sent back to Senate with gaming expansion provisions

Playing with house money: Local shares assessment fix sent back to Senate with gaming expansion provisions

In what could possibly be the final nail in the coffin for a legislative solution this session to the elimination by the Pennsylvania Supreme Court of the local share assessment to be paid by casinos to host municipalities, the House voted to send the bill back to the Senate with additional changes.

 

The legislation passed the House by a narrow margin of 108-71.

Thursday, October 27, 2016/Author: Jason Gottesman
Categories: News and Views
Rep. Reed: "We'll know if we have the votes when we have the vote"

Rep. Reed: "We'll know if we have the votes when we have the vote"

House Majority Leader Dave Reed (R-Indiana) speaks to the media about what legislation the House might consider Wednesday night.

Wednesday, October 26, 2016/Author: Kara Barmoy
Categories: Video
Tags: Rep. Reed
Rep. Reed: "I'm optimistic that we are going to get pension reform done"

Rep. Reed: "I'm optimistic that we are going to get pension reform done"

Rep. Dave Reed (R-Indiana) answers questions regarding what the House has been working on in their last day of voting session, including how the pension reform bill is going. 

Wednesday, October 26, 2016/Author: Kara Barmoy
Categories: Video
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