Believe it or not: there’s still no revenue agreement

Believe it or not: there’s still no revenue agreement

Another day ticked down to when Gov. Tom Wolf must make a decision regarding an unbalanced budget and state legislative leaders were still far apart Friday on getting to a global agreement on a revenue package of more than $2 billion to close out the FY 2016-2017 fiscal year and bring in to balance the current year’s spending plan, which is currently before the governor.

 

Speaking to reporters after a Friday House voting session that saw members vote on housekeeping measures, House Majority Leader Dave Reed (R-Indiana) reiterated a message he sent to his fellow House Republicans on Thursday: there is no revenue deal.

Friday, July 7, 2017/Author: Jason Gottesman
Categories: News and Views
VIDEO: Gov. Wolf signs bill that creates a rare disease advisory council

VIDEO: Gov. Wolf signs bill that creates a rare disease advisory council

Gov. Tom Wolf held a press conference Friday morning where he signed House Bill 239 into law. This bill establishes a Rare Disease Advisory Council in Pennsylvania.
Friday, July 7, 2017/Author: Kara Barmoy
Categories: Video
S&P downgrades PA credit outlook as revenue deal continues to evade legislative leaders

S&P downgrades PA credit outlook as revenue deal continues to evade legislative leaders

Much like the death of Mark Twain, it appears rumors of legislative leaders being close to a deal on a revenue package to close out FY 2016-2017 and balance FY 2017-2018 are greatly exaggerated.

 

After another quiet day in the Capitol Thursday that saw some rank-and-file members begin to return to the Capitol in advance of Friday’s planned House session day, it appears as though lawmakers are still nowhere near a global agreement that will bring about $2.2 billion to balance the Commonwealth’s books.

Thursday, July 6, 2017/Author: Jason Gottesman
Categories: News and Views
Pittsburgh City Council moves to support statewide minimum wage hike

Pittsburgh City Council moves to support statewide minimum wage hike

While Harrisburg is still engaged in a state budget debate, Pittsburgh City Council has moved ahead with support of a measure introduced to raise Pennsylvania’s statewide minimum wage.

Councilman Dan Gilman (District 8) today introduced a Will of Council to support Pennsylvania House Bill 1520, introduced by Rep. Patty Kim (D-Dauphin), aimed at incrementally increasing the state’s minimum wage until it reaches $15.00 an hour in 2024.

Thursday, July 6, 2017/Author: Iain Oldman
Categories: Pittsburgh
Revenue discussions continue as lawmakers work to meet Monday deadline

Revenue discussions continue as lawmakers work to meet Monday deadline

With June 30th coming and going, so goes another month of revenues and the close of the FY 2016-2017 budget year; however, unlike previous months, June’s revenue did come in slightly over estimate.

 

According to figures reported by the Pennsylvania Department of Revenue, the Commonwealth’s General Fund revenues for the month of June came in just more than $11 million over estimate. While major revenue generators like the personal income and sales and use tax were down, the corporate net income tax and inheritance tax outpaced estimates to put the Commonwealth in the black for the month of June.

Wednesday, July 5, 2017/Author: Jason Gottesman
Categories: News and Views
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