As budget deadline nears, a lot remains up in the air

As budget deadline nears, a lot remains up in the air

It’s just about ten days until the traditional budget deadline of June 30/July 1 and as things look on Tuesday, a lot remains on the table to be agreed to.

Tuesday, June 20, 2017/Author: Jason Gottesman
Categories: News and Views
Republicans and Democrats show differences of opinion on tax policy

Republicans and Democrats show differences of opinion on tax policy

As revenue generation has been a key component to ongoing budget talks, tax policy in some manner has been part of the discussion; and, with the legislative calendar turning ever closer to June 30, Democratic and Republican lawmakers have been showing their differences of opinion in terms of how taxes should play in terms of the overall revenue picture for the Commonwealth.

Tuesday, June 20, 2017/Author: Jason Gottesman
Categories: News and Views
Gaming expansion agreement continues slow progress

Gaming expansion agreement continues slow progress

With lawmakers and legislative staff holding nearly non-stop meetings to find some middle ground on a gaming expansion measure crucial to the coming fiscal year’s budget, progress on Monday toward that agreement was reported as slow.

Monday, June 19, 2017/Author: Jason Gottesman
Categories: News and Views
House Democratic Policy committee reviews college affordability, discusses new taxes

House Democratic Policy committee reviews college affordability, discusses new taxes

The House Democratic Policy Committee held a hearing Monday morning to discuss the topic of public higher education and the costs associated with it.

The hearing was designed to learn the impact of funding to the system and how legislators could aid the public higher education system through strategic state policy to increase dollars sent to higher education.

Act 188 of 1992 created the state system’s mission statement by employing the highest quality education at the lowest possible cost, but Pennsylvania ranks 47th out of the 50 states for per student allocation for public higher education according to Dr. Kenneth Mash, President of the Association of Pennsylvania State College and University faculties (APSCUF).

Monday, June 19, 2017/Author: Kyle Maguire
Categories: News and Views
IFO revises current-year revenue estimates down $900 million from initial estimate

IFO revises current-year revenue estimates down $900 million from initial estimate

As lawmakers work to craft a FY 2017-2018 spending plan in the waning days of the current fiscal year, the Independent Fiscal Office on Thursday released its statutorily-required revenue estimate for the current and coming fiscal year, showing a $900 million downward revision from the revenue estimate made at the beginning of the fiscal year.

Friday, June 16, 2017/Author: Jason Gottesman
Categories: News and Views
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