UC funding tussle between Senate GOP, Gov. Wolf intensifies

UC funding tussle between Senate GOP, Gov. Wolf intensifies

It’s been nearly two weeks since the Pennsylvania Senate decided to not push to the governor’s desk a one-year extension of funds to the unemployment compensation system under the Service and Improvement Infrastructure Fund, and the ongoing fracas between Gov. Tom Wolf and Senate Republican leadership continued to boil over Tuesday.

 

In the latest episode, Senate GOP leaders sent a sharply worded letter to the governor urging him to reconsider furloughing nearly 600 workers in the Department of Labor and Industry, which the governor alleged is necessary as a result of the failure to extend the funding.

Tuesday, November 29, 2016/Author: Jason Gottesman
Categories: News and Views
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
AG DePasquale discusses Commonwealth's financial situation

AG DePasquale discusses Commonwealth's financial situation

Auditor General Eugene DePasquale held a press conference Thursday morning where he discussed the financial challenges that the Commonwealth faces and how he has been working to make a difference. 

He also discussed the goals he has for his second term in the position of Auditor General. 

Thursday, November 17, 2016/Author: Kara Barmoy
Categories: Video
House caucuses elect leadership for coming session

House caucuses elect leadership for coming session

The House of Representatives held its last voting session day of the 2015-2016 legislative term Tuesday and while no substantive votes were held, both legislative caucuses elected slates of internal leadership to lead them in the 2017-2018 session.

 

In the House Republican Caucus, there were three changes in leadership. Rep. Stan Saylor (R-York) took the highest profile open leadership spot by being elected as House Appropriations Majority Chairman on the first ballot.

Tuesday, November 15, 2016/Author: Jason Gottesman
Categories: News and Views
Revenue collections continue to fall short of estimates

Revenue collections continue to fall short of estimates

September’s General Fund revenue numbers were announced Monday and the third month of the fiscal year once again saw incoming dollars to the state’s largest bank account fall short of estimated figures.

 

While the Independent Fiscal Office noted collections of $2.63 billion decreased by $106.5 million over the same period in the prior fiscal year, fiscal year to date revenues of $6.61 billion are $121 million below the same three-month window in FY 2015-2016.

 

Additionally, revenue estimates released by the Department of Revenue Monday show that the numbers coming in during September continue the current fiscal year’s trend of revenues falling short of estimates.

Tuesday, October 4, 2016/Author: Jason Gottesman
Categories: News and Views
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