Regulation
Stimulus Money to Help Deal with Pension Crisis?
A number of Pennsylvania House Republicans are proposing using a portion of the federal stimulus money to pay into PSERS, the retirement fund for school employees. The $435 million…
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Bailouts and the Press
History has a way of repeating itself and all these comparisons between today’s recession and the great depression are sometimes eerily similar. Economic conditions and the popularity of the internet…
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Obama’s New Business Tax Scheme
President Obama is set to unveil a plan to crack down on cabinet members corporations that, in his view, are avoiding paying their share in taxes. Basically the plan…
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Weighted Student Funding Formula
Reason Foundation has a new yearbook and resources on weighted student funding. Weighted student funding is a way for school districts, and states, to fund students instead of school…
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Pennsylvania Budget Deficit Grows by Nearly $1 Billion
Both the Pennsylvania House Democrats and Republicans are reporting an April General Fund revenue shortfall of $941.5 million. I am still waiting for the report from the Department of…
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Over $4 Million in PA Unemployment Fraud
WGAL has a story on reports from the Pennsylvania Department of Labor and Industry of over $4 million in fraud in unemployment compensation benefits. You can assume there is…
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PA House Dems to Introduce Budget
Dwight Evans, chair of the Pennsylvania House Appropriations Committee, is scheduled to introduce the 2009-10 budget legislation “using the Rendell budget proposal as the basis.” They are also estimating…
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Wrong Time for a Severance Tax
The Pennsylvania Budget and Policy Center (PBPC) released a report this week advocating for a severance tax on natural resource extraction, such as the proposed tax by Governor Rendell…
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How PA Should Use Its Stimulus Money
Lawmakers in Missouri announced they are foregoing pet projects in order to temporarily lower the state’s personal income tax from 6% to 5.5%. (HT NTU) Governor Rendell would be…
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