State of Pennsylvania secondary Archives: on Budget & Economy


Tom Wolf: Grow paltry rainy day fund from $245,000 to $500M by 2022

I'm offering a budget proposal that represents a responsible solution to our deficit challenge--and a different approach from the way things have been done in Harrisburg for almost a generation. Let's start here: In my proposed budget, there are no broad-based tax increases. At the same time, my budget protects the investments we've made in education, in senior services, in fighting the scourge of opioids, and in growing Pennsylvania's economy. And it sets our Commonwealth on a sustainable fiscal course that will grow our paltry rainy day fund from $245,000 today to almost $500 million by 2022.

How? By reforming our state government--and by making Harrisburg work smarter. One of my first acts as Governor--two years ago--was to identify $150 million we could save by making our state government more efficient--everything from negotiating for lower prices from vendors to putting voter registration online to streamlining the process for outgoing mail.

Source: 2017 State of the State address to Pennsylvania Legislature Feb 7, 2016

Tom Wolf: OpEd: Line-item veto prolongs the budget impasse

Rep. Rick Saccone released the following statement after Gov. Tom Wolf used the line-item veto on several previously agreed upon items, including education funding, in order to prolong the budget impasse at the expense of Pennsylvania taxpayers.

"Gov. Wolf has finally realized that he cannot hold schools and human service agencies hostage during this budget stalemate. The Legislature has been calling for the release of this critical funding for months, and it is about time that our governor recognize the needs of our most vulnerable citizens. Gov. Wolf claims that the budget sent to him by the Senate last week cuts education funding by $95 million. This is simply untrue. This budget increased education funding by more than $400 million. It is well past time for the political posturing to come to an end. Once again, the governor has purposefully wasted an opportunity to end this budget impasse. Today's events are further evidence that Gov. Wolf is waging war on taxpayers."

Source: Press release on Pennsylvania legislative voting records Dec 30, 2015

Everett Stern: Pro-growth: make small business loan more readily available

I will promote pro-growth policies focusing on small business and job creation. Small businesses are the major driving force of job creation. I will increase jobs in Pennsylvania by lifting federal impediments to small business development by making it easier to obtain small business loans.

I am a Pennsylvania small business owner and a average citizen that built his company Tactical Rabbit from nothing. I could not acquire a small business loan, so I waited tables at P.F. Chang's to save enough money to start his company. I am on a mission to ensure that enough financial resources are available to Pennsylvania small business owners. When small business grows so will the amount of available jobs. My plan for the economic growth of Pennsylvania's small businesses will create the necessary jobs that our citizens need.

Source: 2016 Pennsylvania Senate campaign website, EverettStern.com Sep 9, 2015

Tom Wolf: Cut personal taxes 13%; fund schools by gas extraction tax

My budget actually reduces the total tax burden on average middle-class homeowners by 13 percent. So how will we do it? We will do it with tax reforms that are smart, pragmatic, and fair. We will do it with changes that will help eliminate the deficit, protect the middle class, and set the table for robust private sector growth.

It starts by doing what every other major gas producing state has already done. We are going to place a severance tax on the extraction of natural gas. And we are going to tie the revenues from the tax to funding for public education.

I am proposing a five percent severance tax that is projected to generate more than $1 billion in annual revenues. While local communities will continue to receive funding to address the impact of the drilling, the bulk of these funds will be used to invest in public education.

This is not about politics or ideology. It is simply common sense.

Source: State of the State address to 2015 Pennsylvania Legislature Mar 3, 2015

Tom Corbett: Reduce the size and cost of state government

The option I have chosen is to reduce the size and cost of state government. I'm proposing something we haven't had in a long time: a reality-based budget. The electorate, its trust scraped to the bone by lies and half-truths, isn't going to stand for another broken promise. I said we'd cut. I'm not asking you to read my lips. I'm asking you to read my budget. And you can read my budget online, from your home. My administration created an online budget "dashboard."
Source: 2011 State of the State speech to Pennsylvania legislature Mar 8, 2011

Tom Corbett: Reduce the size and cost of state government

The option I have chosen is to reduce the size and cost of state government. I'm proposing something we haven't had in a long time: a reality-based budget. The electorate, its trust scraped to the bone by lies and half-truths, isn't going to stand for another broken promise. I said we'd cut. I'm not asking you to read my lips. I'm asking you to read my budget. And you can read my budget online, from your home. My administration created an online budget "dashboard." People can log on and view the entire budget in a reader-friendly form. You'll be able to see for yourself how we propose to spend your money. You can track the revenue source. You can check every department's spending, where it came from, where it's going, and why. There's a reason I call it the "dashboard." It's time the tax-paying citizen felt as if he or she were in the driver's seat.
Source: 2011 State of the State speech to Pennsylvania legislature Mar 8, 2011

Ed Rendell: Will not raise any taxes

This budget doesn’t propose any increases in the personal income tax, sales tax, or any other tax, or propose increasing taxes on our corporate community. This budget doesn’t include any new revenues from gaming, including slot machines at racetracks in Pennsylvania. It includes revenues from a new assessment on nursing home facilities, as has been suggested by representatives of the industry, adding an additional $145 million to sustain funding for the Commonwealth’s long-term care program.
Source: Budget Address to Pennsylvania General Assembly Mar 4, 2003

Ed Rendell: Cut spending across the board

I’ll cut the cost of running the government by 10% across the board. We anticipate not filling 1,536 existing vacancies and continuing our ongoing efforts to reduce waste and manage more efficiently and effectively. I’m requesting that the Legislature & the 3 elected independent offices do their fair share by holding funding to current year levels, with no increases for FY03-04. This budget eliminates a series of health care programs and implements a five percent reduction in most social service grants.
Source: Budget Address to Pennsylvania General Assembly Mar 4, 2003

Ed Rendell: Spending cuts inflict real hardship but are necessary

This is the grim reality of our budget crisis. These spending cuts inflict real hardship, eliminating valuable programs and cutting needed services. This budget provides for no investments in Pennsylvania’s future. But it is balanced. And, as Governor, I have an obligation to act. The deficit that we confront today is the price we pay for putting off the day of reckoning until now. If we put it off any longer, the consequences will be even worse. I don’t like this budget, not one little bit.
Source: Budget Address to Pennsylvania General Assembly Mar 4, 2003

Ed Rendell: Find savings of $1 billion by cutting wasteful spending

We’re moving ahead on a whole range of initiatives to reduce the cost of government across the board. Our goal is to over time find savings of $1 billion, all by cutting wasteful spending and improving efficiencies. We’re already making great progress, identifying $255 million in cost savings and revenue enhancements in this budget. We’re pursuing initiatives to purchase government supplies & materials more efficiently to reduce our warehouse costs - which alone could save more than $250 million a year
Source: Budget Address to Pennsylvania General Assembly Mar 4, 2003

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